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Joyce's Umoja Group
In this Group: Joyce, Helena, Mwaya
Joyce is 38 years old and is married with 2 children, ages 5 and 2 years old. Joyce owns a small shop that she started in 2007. Every day, she works from 5am to 9pm at her business and can earn a monthly profit of about $290 from her sales.

Joyce now hopes for a loan to buy more items for her business. She will share this loan with her subgroup members, Helena and Mwaya, who have businesses dealing in pharmaceuticals and food vending.

This is a group loan. The loan funds will be distributed among the group members, each of whom will invest in her own business. The members mutually guarantee one another's loans. If one member does not repay, the other members are responsible.

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
  • 24
    View loans »
    Tanzania Loans Fundraising
  • $16,200,775
    Funds lent in using Kiva
  • 1,165.2
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Joyce's Umoja Group's $525 loan helped a member to buy more items for her business.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Mar 23, 2008
Mar 9, 2008
Currency Exchange Loss:
Mar 8, 2009