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Zamzam's Muamini Mungu Group
In this Group: Zamzam, M'baraka, Rehema, Khadija
Zamzam is a widow with 3 children, aged between 32 and 24. She has been a firewood, clothing, and food seller since 1993. Every day she works from 6:00 AM to 3:00 PM at her business and can earn a monthly profit of about $125 from her sales.


Zamzam now requests a loan to improve her business. She will share this loan with her subgroup members, who have businesses dealing with selling food, clothing, and decorations.

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
  • 18
    View loans »
    Tanzania Loans Fundraising
  • $14,211,425
    Funds lent in using Kiva
  • 1,154.8
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Zamzam's Muamini Mungu Group's $1,150 loan helped a member to improve her business by increasing her current stock.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Sep 21, 2008
Listed
Sep 7, 2008
Currency Exchange Loss:
Covered
Ended:
Jul 22, 2010