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Asha's Amani Group
In this Group: Asha, Habiba, Asha
Asha N. is 55 years old, divorced, and has two children, 22 and 24 years old. She and her husband also take care of two other children who are 2 and 4 years old. Asha N. is a charcoal seller; she started her business in 1995. Every day, she works from 7:30 am until 6:30 pm and can earn a monthly profit of about US$190.


In the past, Asha N. has taken out two successful loans from BRAC Tanzania to expand her business. She now hopes to receive a new loan to buy more items for her business. Asha will share this loan with her sub-group members who have cloth and fish sales businesses.

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
  • 38
    View loans »
    Tanzania Loans Fundraising
  • $14,675,325
    Funds lent in using Kiva
  • 1,181.6
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Asha's Amani Group's $725 loan helped a member purchase of various items for a charcoal sales business.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Apr 15, 2008
Listed
Mar 30, 2008
Currency Exchange Loss:
Covered
Ended:
Mar 31, 2009