Mwasiti has been a businesswoman since 1990 since she was just 18. She is in the clothing business, buying clothes in Dar es Salaam, Tanzania and selling them in Arusha, a city eight hours north by bus. She says that Arusha has "bei mkubwa sana," or "very big prices," compared to Dar.
Mwasiti works from 8 am til 10 pm every day, making a monthly profit of about 300,000 TZS ($225). She uses her profit to care for her family, paying for school fees, food, and health care costs.
This is Mwasiti's fifth loan from Tujijenge, Tanzania. She has repaid all of her previous loans successfully, and wants to use this one to buy more dresses, kangas, shoes, pants, and other accessories to increase the variety of her goods.
She believes increasing the variety of the items she sells will help her business become more profitable.
In the photograph, Mwasiti is seated second from the right in the front row. She and all of her group members are from the Makumbusho area of Dar es Salaam.
Mwasiti will share this loan with the members of Kaja group. The group loan will help support the businesses of six photographers, three clothes sellers, a video shooter, two shop owners, two salon owners, a fish vendor, and one woman who sells radios and TVs.
The members of the group will hold each other accountable for paying back their loans.
About Tujijenge TanzaniaThis 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.
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Success!! The loan was 100% repaid