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Mgeni's Group
In this Group: Mgeni, Sina, Mwanapili, Mwajuma, Tatu, Miza
Mgeni A. B. has been selling firewood in the Mikunguni neighborhood of Zanzibar for one year. She works from 8:00am to 4:00pm every day and earns a profit of approximately $80 each month. She is requesting her first loan from BRAC Tanzania so that she can expand her inventory, sell more firewood, and increase her profit.


Mgeni is 30 years old, divorced, and has four children, aged 3, 6, 12, and 14. She also cares for her two elderly parents.


Mgeni will be sharing this loan with her fellow group members, Sina, Mwanapili, Mwajuma, Tatu, and Miza. Each has her own small shop in Zanzibar.

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
  • 43
    View loans »
    Tanzania Loans Fundraising
  • $14,902,975
    Funds lent in using Kiva
  • 1,290.1
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Mgeni's Group's $875 loan helped a member to buy more firewood for her shop.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Nov 18, 2008
Listed
Nov 1, 2008
Currency Exchange Loss:
Covered
Ended:
Jul 22, 2010