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Safia's Mkorofi Si Mwenzetu Group
In this Group: Safia, Jamila, Selme, Safia, Munawar, Lela
Safia is 34 years old and married with an 18-year-old child. She has run her own restaurant since 2005. Every day, she works from 6am to 10pm at her business and earns a monthly profit of about $250 from her sales.


Safia now looking for a loan to expand her business by increasing her stock. She will share this loan with her group members, who have businesses selling clothes, juice and bites.

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
  • 21
    View loans »
    Tanzania Loans Fundraising
  • $14,347,475
    Funds lent in using Kiva
  • 1,151.5
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Safia's Mkorofi Si Mwenzetu Group's $1,050 loan helped a member to expand her business by increasing her stock.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Oct 4, 2008
Listed
Sep 20, 2008
Currency Exchange Loss:
Covered
Ended:
Jul 22, 2010