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Waridi Group
In this Group: Claus, Evaline, Nuru, Nice , Ramla, Monica, Ester, Mariam, Fransisca, Sophia, Marry, Dems, Ziaba, Fabiola*, Renalda, Habiba
* not pictured
Claus A. is in his early-thirties and is currently single. He owns his own fruit and vegetable stall and has been operating it for the past 3 months. The stall is open daily between 8 am and 9 pm and earns Claus a low monthly profit.

This will be Claus' first loan with Tujijenge Tanzania. He aims to use the loan to improve the food stall as well as making more funds available to buy more vegetables to sell. Claus' dream is to one day expand his business so that he can open his own store.

Claus will share this loan with his loan group Waridi, which totals 16 members. The members of the group will hold each other accountable for repaying the loans.

In the picture, Claus can be seen second from left, wearing a white suit.

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
  • 16
    View loans »
    Tanzania Loans Fundraising
  • $14,117,850
    Funds lent in using Kiva
  • 1,503.5
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Waridi Group's $4,425 loan helped a member to improve the food stall as well as making more funds available to buy more vegetables to sell.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 2, 2010
Listed
Dec 1, 2010
Currency Exchange Loss:
Possible
Ended:
Mar 24, 2011