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Asha's Tropicana Group
In this Group: Asha, Habiba, Mwajuma
Asha is 30 years old and is divorced with 2 children, ages 10 and 3. Asha is a cloth seller; she started her business in 2007. Every day she works from 8:00 AM to 5:00 PM at her business and can earn a monthly profit of about $140 from her sales.


She now hopes for a loan to buy more cloth for her business. She will share this loan with her subgroup members, Habiba and Mwajuma, who have businesses dealing in a medical store and cloth sales.

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
  • 19
    View loans »
    Tanzania Loans Fundraising
  • $14,226,875
    Funds lent in using Kiva
  • 1,191.6
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Asha's Tropicana Group's $400 loan helped a member to buy more cloth for her business.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
May 20, 2008
Listed
May 6, 2008
Currency Exchange Loss:
Covered
Ended:
Apr 26, 2009