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Uchumi A Group
In this Group: Bibiana, Yusta
Bibiana, age 45, is married with 4 children (ages 17, 21, 28, and 31). She also takes care of her parents. In 2005, Bibiana opened two businesses- a cafe and clothing store. She works at these businesses from 8am to 6pm daily earning a profit of about $53 a month.


In the past, Bibiana took a loan of about $88 from BRAC Tanzania to buy stock for her businesses. Having paid it back successfully, she now hopes for a new loan for the same purpose. She will be sharing this loan with her subgroup member Yusta H., who is a vegetable seller. They belong to the loan group Uchumi (Swahili for "economy"), which totals 25 members.

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
  • 34
    View loans »
    Tanzania Loans Fundraising
  • $14,522,875
    Funds lent in using Kiva
  • 1,120.0
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Uchumi A Group's $500 loan helped a member to purchase more food and clothing stock for her businesses.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jan 5, 2008
Listed
Dec 22, 2007
Currency Exchange Loss:
Covered
Ended:
Feb 19, 2009