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Loyola Group
In this Group: Rajabu, Mestory, Noela, Majuto, Hemiliam, Evodia, Mwajuma, Felista, Asia, Dhuharia, Sulaiya, Mwajuma, Saada, Shelta, Ally, Susana, Bakari, Pili, Anastasia, Eva, Musa, Issah, Aziza
Rajabu S., age 25, is single with two older brothers and one younger brother. He has a small business selling cassava and sweet potatoes. He opened the business in 2005 and works long daily hours from 5 am until 6:30 pm. By selling cassava and sweet potatoes both wholesale in bulk and in smaller amounts at a higher price he is able to earn a monthly profit of around $120.

This will be Rajabu’s 3rd loan from Tujijenge Tanzania. He used the previous loans to establish and grow his current cassava and sweet potato stand, and he has paid back his loan successfully. He hopes to use this loan to increase his stocks even more.

Rajabu belongs to the Loyola Group, which totals 24 members. The members of the group hold each other accountable for paying back their loans. In the picture, Rajabu is sitting next to the man in white shirt on the right side.

Additional Information

About Tujijenge Tanzania

This loan is administered by Tujijenge Tanzania, which was founded in 2006. It has operations in Dar es Salaam, the coastal region, and the Lake Victoria region. The organization aims to reach out to micro entrepreneurs and provide them with financial and social intermediation services because capital is one of the major barriers to development and success for micro-enterprise initiatives in Tanzania.

For more information on Tujijenge Tanzania, please visit its partner page, or join its lending team.

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
  • 39
    View loans »
    Tanzania Loans Fundraising
  • $14,888,425
    Funds lent in using Kiva
  • 1,315.0
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Loyola Group's $4,875 loan helped a member to increase the stock of cassava and sweet potatoes.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 15, 2009
Listed
Oct 15, 2009
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2010