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Lugano Group
In this Group: Ashery , Sophia, Tumpe, Lucy , Hadija, Ester, Matilda, Marry, Sophia , Lissa, Halima, Mebbo, Dotto John, Mkiwa, Mariam, Halima
Ashery S. is in his early 40s and is married with four children. He has been running a cobbler business for five years. The shop is open between 6:30 a.m. and 7 p.m. and earns Ashery a good monthly profit.

This will be Ashery's first loan with Tujijenge Tanzania. With this loan, Ashery aims to buy a sewing machine so that he can expand his cobbler business in order to repair shoes as well.

Ashery will share this loan with his loan group Lugano, which totals 16 members. The members of the group will hold each other responsible for repaying the loans.

In the photo, Ashery can be seen to the far right, wearing dark 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
  • 19
    View loans »
    Tanzania Loans Fundraising
  • $14,217,575
    Funds lent in using Kiva
  • 1,515.5
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Lugano Group's $2,675 loan helped a member to buy a sewing machine.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 28, 2010
Listed
Sep 28, 2010
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2011