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Fatma's Tawakal Group
In this Group: Fatma, Bikombo, Rukia, Khadija, Mwanamku, Husna
Fatma is 30 years old. She is a widow with 4 children aged 12, 8, 5, and 3 years old. She's owned a small food store since 2005. Every day, she works at her business.


Fatma is now looking for a loan to buy more food items to increase her current stock. She will share this loan with her subgroup members, who have businesses dealing with banana sales, juice and charcoal sales, shop ownership and clothes 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
  • 8
    View loans »
    Tanzania Loans Fundraising
  • $14,096,650
    Funds lent in using Kiva
  • 1,151.5
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Fatma's Tawakal Group's $675 loan helped a member to buy more food items to increase her current stock.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Oct 1, 2008
Listed
Sep 17, 2008
Currency Exchange Loss:
Covered
Ended:
Jul 22, 2010