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Asha's Tumaini Group
In this Group: Asha, Mwanaharusi, Bimkubwa
Asha is 34 years old and is a married woman with 5 children, ages 16,14,11,7 and 4. She and her husband also take care of 2 other children, ages 12 and 9. Asha owns a food vendor store, which she started in 2001. Everyday, she works from 7am to 10pm at her business and can earn a monthly profit of about $80 from her sales.


In the past, Asha has taken out 1 successful loan from BRAC Tanzania to expand her business. She now hopes for a loan to buy more food items for her business. She will share this loan with her subgroup members, who have businesses dealing in food vending.

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
  • 17
    View loans »
    Tanzania Loans Fundraising
  • $14,117,850
    Funds lent in using Kiva
  • 1,163.0
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Asha's Tumaini Group's $650 loan helped a member to buy more food items for her business.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Mar 21, 2008
Listed
Mar 6, 2008
Currency Exchange Loss:
Covered
Ended:
Mar 5, 2009