Check out some available loans that are similar to this one!
Mwanakheri's Group
In this Group: Mwanakheri, Mwanajuma, Riziki
Mwanakheri has been selling firewood and coconuts in Zanzibar for four years. Having repaid her first loan from BRAC Tanzania on time, she is requesting a second one in order to buy more inventory for her business and increase her sales. With the additional profits, Mwanakheri hopes to reinvest in her business so that it will continue to grow.


Mwanakheri is 29 years old, single, and has no children. She will be sharing this loan with her fellow group members, Mwanajuma and Riziki.

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
  • 18
    View loans »
    Tanzania Loans Fundraising
  • $14,117,850
    Funds lent in using Kiva
  • 1,285.0
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Mwanakheri's Group's $400 loan helped a member to buy more firewood and coconuts for her business.
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