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Asaa Khery Group
In this Group: Zanabia, Afua
Zanabia owns a small charcoal store where she also sells clothes in the Milinne neighborhood of Zanzibar. She has worked at her business every day from 8:00 a.m. to 10:00 p.m. for 3 years, currently earning an average monthly profit of $50. She is requesting her second loan from BRAC Tanzania so that she can buy more charcoal and clothes for her business. She is hoping that through this loan her profit will increase and her business will grow.

Zanabia is 45 years old, married, and has three children, ages 22, 18 and 10. She will be sharing this loan with her fellow group member Afua, who 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

  • $1,700
    Average annual income
  • 9
    View loans »
    Tanzania Loans Fundraising
  • $14,096,650
    Funds lent in using Kiva
  • 1,325.0
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Asaa Khery Group's $350 loan helped a member to buy more charcoal and clothes for her business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 25, 2009
Listed
Mar 2, 2009
Currency Exchange Loss:
Covered
Ended:
Jul 22, 2010