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Wastara Group
In this Group: Mpenami, Hidaya, Maryam
Mpenami is 26 years old, married, and has four children aged 12, 10, 8 and 6. Mpenami has been a bites (bread-like rolls) and porridge seller in the Melinne neighborhood of Zanzibar since the past two years. She currently earns an average monthly profit of US $70. She works at her business for seven hours daily.

She requests her first loan from BRAC Tanzania to buy more items to expand her business. She hopes that through this loan her profit will increase and she will be able to grow her business. Mpenami will be sharing this loan with her fellow group members, Hidaya and Maryam, who also have their 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

  • $1,900
    Average annual income
  • 35
    View loans »
    Tanzania Loans Fundraising
  • $14,897,325
    Funds lent in using Kiva
  • 1,333.0
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Wastara Group's $650 loan helped a member to buy flour and other items to expand her business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 25, 2009
Listed
Apr 22, 2009
Currency Exchange Loss:
Covered
Ended:
Jul 22, 2010