Charcoal is important in Tanzania, because it is used for cooking in almost every home and restaurant. J. leaves Dar Es Salaam to travel to the countryside, where he spends 5-6 days making charcoal from trees that he harvests. He returns to the city with his product and sells it to wholesale and retail buyers.
J. paid back his previous two loans from Tujijenge Tanzania, and will use this loan to expand his business. He wants to hire more laborers to help him produce the charcoal, which will allow him to organize up to 15 sacks per trip. He currently yields around ten sacks. This should increase his profit, which is currently 320,000 Tsh (around $228) per month. The extra profit will help J. support his children, and he hopes to reinvest and continue growing his business.
J. is the president of the Safari Group. The name means "Journey" in Kiswahili. The group's members will hold each other accountable for repaying the loan.
In the photo, J. is seated in the front row.
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