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Asha's Tusichukiane Group
In this Group: Asha, Biubwa, Mwashamba, Arafa, Namboto, Riziki
Asha is 22 years old and is a single woman. Asha owns a small tailoring shop, which she started in 2007. Every day, she works from 8am to 8pm at her business and can earn a monthly profit of about $140 from her sales.

Asha now hopes for a loan to buy more items for her business. She will share this loan with her subgroup members, who also have small businesses.The members mutually guarantee one another's loans. If one member does not repay, the other members are responsible.

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
  • 31
    View loans »
    Tanzania Loans Fundraising
  • $14,374,700
    Funds lent in using Kiva
  • 1,183.5
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Asha's Tusichukiane Group's $775 loan helped a member to buy more items for her business.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
May 15, 2008
Listed
Apr 27, 2008
Currency Exchange Loss:
Covered
Ended:
Apr 22, 2009