With a small amount of money from her husband, Marysia began buying some catering supplies and offering her services for events such as weddings and kitchen parties. In 2009, her friend introduced her to Tujijenge Tanzania, and Marysia has now had three loans. With the previous loans, Marysia bought tablecloths and fabric for decorations, serving dishes, buffet tables, plates, a charcoal cooker, and a gas cooker. This has allowed her to grow her business, which now employs 8-10 staff. Profits vary depending on the number of events Marysia caters, but can be up to 3,000,000 Tsh per month (about $2100).
This is Marysia's first Motisha loan. A Motisha loan is a product offered by Tujijenge Tanzania that allows borrowers with good credit ratings to pay back their original loans faster and receive extra money before their original loan term has ended. Marysia has some big events coming up, and she will use this loan to buy extra drinking glasses and fabric for decorations. Marysia dreams of growing her business and if she makes a profit from this loan, she will save to buy a music system, and someday to make a trip to China to buy more catering and decoration supplies. Marysia also recently started working as a medical doctor during the week, and greatly enjoys her two different types of work.
Marysia is the President of the Kimanga Group. The 10 group members will hold each other accountable for repaying the loan. In the photo, Marysia is the middle of the back row, wearing a striped polo shirt.
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