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Fatma's Group
In this Group: Fatma, Tatu, Hasina, Niazao, Riaiki
Earlier this year, Fatma began making and selling bricks in Zanzibar. She is now seeking her first loan from BRAC Tanzania to help her get her business off the ground. She is married and has three children, ages 5, 4, and one-and-a-half. She will be sharing this loan with her fellow group members, Tatu, Fatma, Hasina, Niazao, and Riaiki.

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
  • $14,211,425
    Funds lent in using Kiva
  • 1,255.5
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Fatma's Group's $575 loan helped a member to buy more material to make bricks for her business.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Nov 3, 2008
Listed
Oct 20, 2008
Currency Exchange Loss:
Covered
Ended:
Jul 22, 2010