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Saada's Tusonge Mbele Group
In this Group: Saada, Mtumwa, Asha, Christina, Kesi
Saada is 30 years old. She is married with 4 children aged 13, 12, 8 and 6 years old. She has been a firewood seller since 2004. Every day, she works at her business and can earn a monthly profit of about $25 from her sales.


Saada is now requesting a loan to buy more firewood for her business. She will share this loan with her subgroup members, Mtumwa, Asha, Christina and Kesi.

Additional Information

This is a Group Loan

In a group loan, each member of the group receives an individual loan but is part of a larger group of individuals. The group is there to provide support to the members and to provide a system of peer pressure, but groups may or may not be formally bound by a group guarantee. In cases where there is a group guarantee, members of the group are responsible for paying back the loans of their fellow group members in the case of delinquency or default.

Kiva's Field Partners typically feature one borrower from a group. The loan description, sector, and other attributes for a group loan profile are determined by the featured borrower's loan. The other members of the group are not required to use their loans for the same purpose.

About Tanzania

  • $1,700
    Average annual income
  • 40
    View loans »
    Tanzania Loans Fundraising
  • $14,311,200
    Funds lent in using Kiva
  • 1,148.5
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Saada's Tusonge Mbele Group's $750 loan helped a member to buy more firewood for her businesss.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Sep 17, 2008
Listed
Sep 3, 2008
Currency Exchange Loss:
Covered
Ended:
Jul 22, 2010