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Mary's Group
In this Group: Mary, Rukia
Mary B. has been renting out a Play Station video game console in the Mikunguni neighborhood of Zanzibar for three years. She allows people to pay to play the games from 9:00am to 3:00pm every day and earns a profit of approximately $340 each month. She has previously taken out one loan from BRAC Tanzania which she repaid successfully and on time. She is requesting her second loan so that she can buy an additional game for the Play Station game console.


Mary is 36 years old, married, and has one 12-year-old child. She will be sharing this loan with her fellow group member, Rukia, who also has her own small business 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

  • $1,700
    Average annual income
  • 19
    View loans »
    Tanzania Loans Fundraising
  • $14,473,050
    Funds lent in using Kiva
  • 1,290.1
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Mary's Group's $450 loan helped a member to buy a new game for the Play Station game console that she rents to customers.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Nov 17, 2008
Listed
Nov 1, 2008
Currency Exchange Loss:
Covered
Ended:
Jul 22, 2010