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Mwanajuma's Mkorofi Si Mwenzetu. Group
In this Group: Mwanajuma, Habiba, Fatma, Asha, Asha, Mariam
Mwanajuma is 29 years old and divorced with 2 children aged 14 and 7. She has been a food seller since 2000. Every day, she works from 9AM to 10PM at her business and can earn a monthly profit of about $125 from her sales.


Mwanajuma now requests a loan to buy more food items for expansion of her business. She will share this loan with her subgroup members, who also have businesses of selling food, charcoal, firewood, clothes, juice and snacks.

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

  • $1,900
    Average annual income
  • 35
    View loans »
    Tanzania Loans Fundraising
  • $14,897,325
    Funds lent in using Kiva
  • 1,151.5
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Mwanajuma's Mkorofi Si Mwenzetu. Group's $1,050 loan helped a member to buy more food items for expansion of her business.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Oct 2, 2008
Listed
Sep 18, 2008
Currency Exchange Loss:
Covered
Ended:
Jul 22, 2010