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Wache Waseme Group
In this Group: Rukia, Fatma, Sabah, Mahaji, Fatma
Rukia has been a food seller in the Mikunguni neighborhood of Zanzibar for 4 years. She currently earns an average monthly profit of $65. Every day she works at her business for 14 hours. She is requesting her second loan from BRAC Tanzania so that she can buy more food materials for her business. She is hoping that through this loan, her profit will increase and she will be able to grow her business in order to save money and pay the school fees of her children.



Rukia is 31 years old, married, and has 4 children, ages 17, 16, 11, and 8. She will be sharing this loan with her fellow group members, Fatma S., Sabah B., Mahaji Z., and Fatma R.. Each woman also has her own 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

  • $1,900
    Average annual income
  • 43
    View loans »
    Tanzania Loans Fundraising
  • $14,890,625
    Funds lent in using Kiva
  • 1,331.5
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Wache Waseme Group's $1,225 loan helped a member to buy more food materials for her business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 21, 2009
Listed
Feb 9, 2009
Currency Exchange Loss:
Covered
Ended:
Jul 22, 2010