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Asha's Tujivunjane Moyo Group
In this Group: Asha, Halima, Mziki, Bikame, Asha
Asha, age 41, is married with five children (aged 8, 13, 15, 18, and 25). For a living, she makes and sells chapatis from 6am to 6pm daily. From this business, which she started July of last year, she is able to make a monthly profit of about $30.

Asha hopes for a loan to purchase more chapati ingredients. She will share this loan with her subgroup, whose members belong to the group, Tujivunjane Moyo. These members guarantee one another in paying back their loans.

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
  • 16
    View loans »
    Tanzania Loans Fundraising
  • $14,470,525
    Funds lent in using Kiva
  • 1,228.0
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Asha's Tujivunjane Moyo Group's $700 loan helped a member to buy chapati ingredients.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jun 22, 2008
Listed
May 30, 2008
Currency Exchange Loss:
Covered
Ended:
Jul 22, 2010