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Farajika Group
In this Group: Asha, Khadija
Asha has been a food-seller in the Mikunguni neighborhood of Zanzibar for two years. She currently earns an average monthly profit of approximately $95. Every day she works at her business for eight hours.

Asha is requesting her third loan from BRAC Tanzania so that she can buy more meat and other food items for her business. She is hoping that, through this loan, her profit will increase and she will be able to grow her business.

Asha is 31 years old, married, and has five children: ages 14, 10, 9, 3 and 2.

Asha will be sharing this loan with her fellow group member, Khadija, who has her own small business selling clothes and shoes 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
  • $14,229,325
    Funds lent in using Kiva
  • 1,335.5
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Farajika Group's $500 loan helped a member to buy more meat and other food items for her business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 21, 2009
Listed
May 16, 2009
Currency Exchange Loss:
Covered
Ended:
Jul 22, 2010