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Ashura's Group
In this Group: Ashura, Khadija, Kulwa, Mwajuma, Myunwa, Mtunwa
Ashura Z. has been preparing and selling small food items in the Darajabovu neighborhood of Zanzibar for six years. She works for twelve hours every day and earns a profit of approximately $135 each month. She has previously taken out one loan from BRAC Tanzania which she repaid successfully and on time. She is requesting her second loan so that she can buy more ingredients and increase her sales and profit. If this loan helps her to expand her business, she intends to use the increased profits to reinvest in her business so that it can continue to grow.


Ashura is 38 years old, widowed, and has two children, aged 4 and 7. She will be sharing this loan with her fellow group members who also have their own small businesses 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
  • 17
    View loans »
    Tanzania Loans Fundraising
  • $14,347,475
    Funds lent in using Kiva
  • 1,290.1
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Ashura's Group's $1,300 loan helped a member to buy more ingredients for the foods she prepares and sells.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Nov 13, 2008
Listed
Oct 30, 2008
Currency Exchange Loss:
Covered
Ended:
Jul 22, 2010