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Mbande Group
In this Group: Agness, Ally, Iman, Dotto, Masenzo, Mathew, Asma, Mwajuma, Mwajuma
Agness Mathew, age 35, is married and has four children ages 13, 11, 8, and 6. She has been selling rice and wheat flour at wholesale prices, for two years now. She opens her shop from 7 am to 6 pm daily and has been able to make a monthly profit of around US$ 150.

This will be Agnes’s 1st 'motisha' loan from Tujijenge Tanzania. She hopes to obtain a loan to increase her inventory of rice and wheat flour.

Agness will share this loan with her loan group, which totals 9 members. The members of the group will hold each other accountable in paying back the loan. In the picture, Agness is 3rd from left.

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
  • 24
    View loans »
    Tanzania Loans Fundraising
  • $14,120,525
    Funds lent in using Kiva
  • 1,350.2
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Mbande Group's $1,725 loan helped a member to buy more rice and wheat flour.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 4, 2010
Listed
Mar 5, 2010
Currency Exchange Loss:
Possible
Ended:
Aug 15, 2010