Meet Bakari A. and the Nyeupe group from Dar es Salaam. The group's name means "white" in Kiswahili. Bakari is a 44-year-old father of two, aged 23 and 2. He is married and has been running a business selling livestock for three years in the Mlandizi district of Dar es Salaam. Bakari sells live chickens and goats from 6:45 am to 6 pm daily. He makes approximately $150 per month.
This is Bakari's second loan from Tujijenge Tanzania, Ltd. He used the first loan to buy cement to make blocks because he is building a small house. He also used it for "kilimo" (agriculture) to grow "mpunga" (rice). Bakari will use this loan to buy cement to make more blocks, to continue growing rice, and to purchase more live chickens for his business.
In the photo, Bakari is sitting in the front row toward the left, wearing glasses. He will share this loan with the members of his group. They will hold each other accountable for paying back the loan on time. The Nyeupe group from Tanzania thanks you for your support!
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