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Fatma's Tusongembele Group
In this Group: Fatma, Mwajuma, Siti
Fatma is 27 years old. Her husband has passed away, leaving her with 3 children, aged 11, 14, and 15. Fatma entered the charcoal and cake industry in 2006. She begins work everyday at 6 AM and ends at 6 PM, and earns around $20 a month in profits from her business.


In the past, Fatma has successfully completed one loan from BRAC Tanzania. She used the money to expand her business, and she would like to continue to do so. She will also share her loan with her subgroup members, who have businesses in food, charcoal, and firewood 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
  • 31
    View loans »
    Tanzania Loans Fundraising
  • $14,312,325
    Funds lent in using Kiva
  • 1,157.5
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Fatma's Tusongembele Group's $525 loan helped a member to buy more firewood and charcoal to increase her stock.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Sep 11, 2008
Listed
Aug 26, 2008
Currency Exchange Loss:
Covered
Ended:
Jul 22, 2010