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Saada's Group
In this Group: Saada, Maria, Sabina, Fatma, Veronica, Martina
Saada has been preparing and selling small food items in Zanzibar for 5 years. During this time, her business has grown to the extent that she now earns approximately $85 in profit each month. She's hoping that her first loan from BRAC Tanzania will enable her to expand beyond her current level of sales.


Saada is 42 years old, married, and has 5 children, ages 7, 15, and 22, along with 24-year-old twins. She will be sharing this loan with her fellow group members, Maria, Sabina, Fatma, Veronica, and Martina.

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

  • $1,900
    Average annual income
  • 37
    View loans »
    Tanzania Loans Fundraising
  • $14,895,100
    Funds lent in using Kiva
  • 1,255.5
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Saada's Group's $1,450 loan helped a member to buy more ingredients for the food she cooks and sells.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Nov 5, 2008
Listed
Oct 21, 2008
Currency Exchange Loss:
Covered
Ended:
Jul 22, 2010