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Fatma's Group
In this Group: Fatma, Naila
Fatma sells food items in Zanzibar. Already the recipient of one loan from BRAC which she repaid on time, Fatma is requesting her second loan in order to further increase the inventory of food carried in her shop. She will put any increase in profits back into her business so that it can continue to grow.


Fatma is 42 years old, married, and has five children, aged 17, 18, 25, and 20-year-old twins. She will be sharing this loan with her fellow group member, Naila, who also has a small business in Zanzibar.

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
  • 12
    View loans »
    Tanzania Loans Fundraising
  • $14,211,425
    Funds lent in using Kiva
  • 1,285.0
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Fatma's Group's $475 loan helped a member to buy more food to sell in her shop.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Nov 11, 2008
Listed
Oct 28, 2008
Currency Exchange Loss:
Covered
Ended:
Jul 22, 2010