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Keko Bora A Group
In this Group: Frederica, Wema
Federica, age 37, is single and owns a poultry business. She started this in 1985 and works from 5am to 6pm daily. She currently makes a monthly profit of about $430 from this business.


In the past, Federica took out a loan from BRAC Tanzania to expand her business. Having paid this back successfully, she now requests a new loan for the same purpose by buying broiler chickens to raise and sell. She will share this loan with her subgroup member Wema, who is a shopkeeper.

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
  • 30
    View loans »
    Tanzania Loans Fundraising
  • $14,312,325
    Funds lent in using Kiva
  • 1,167.0
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Keko Bora A Group's $700 loan helped a member to buy broiler chickens.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jan 23, 2008
Listed
Jan 9, 2008
Currency Exchange Loss:
Covered
Ended:
Dec 15, 2008