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Gangamala Group
In this Group: Iddi, Mussa, Abdallah, Mohamed, Sofia, Kassimu, Saidi, Ramadhan, Omary, Ashura, Mwanaisha, Nassoro, Abdallah, Hamis, Hamis, Bakari
Iddi K., age 47, is married and has five children. He has been running a café where he sells juice, water, soda and cigarettes for some months and he is able to earn a monthly profit of around $520.

This will be Iddi's first loan from Tujijenge Tanzania. He hopes to obtain a loan to increase his capital. Iddi will share this loan with his loan group, Gangamala, which has 16 members. The members of the group will hold each other accountable in paying back the loan. In the picture, Iddi is seated in the back with glasses.

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

  • $1,700
    Average annual income
  • 17
    View loans »
    Tanzania Loans Fundraising
  • $14,211,425
    Funds lent in using Kiva
  • 1,335.5
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Gangamala Group's $2,475 loan helped a member to increase his capital.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 21, 2009
Listed
Jan 1, 2010
Currency Exchange Loss:
Possible
Ended:
May 15, 2010