Check out some available loans that are similar to this one!
Patemo Group
In this Group: Nassoro, Zawadi, Lamjuni, Anastazia, Eliza , Renatha*, Lameck, Musa*, Aisha, Evarista, Michael, Yunus , Philomena, Mariana, Amina*
* not pictured
Nassoro M. is in his early forties and is married with three children. Every day he runs a school bus service for children, and while he waits during the day, he runs a store from which he sells drinks and snacks. Nassoro has been running the business between 04:00 am and 11:00 pm daily since 2006, and it earns Nassoro a low monthly profit.

This will be Nassoro's second loan from Tujijenge Tanzania. Nassoro used his first loan to increase his stock of juices and sodas. This loan has since been successfully repaid. With his second loan, Nassoro aims to once again increase his stocks of goods, primarily juice and soda.

Nassoro will share this loan with his loan group Patemo, which totals 15 members. The members of the group will hold each other accountable for repaying the loans.

In the picture, Nassoro can be seen wearing an orange and black T-shirt and standing on the far right.

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
  • 31
    View loans »
    Tanzania Loans Fundraising
  • $14,365,675
    Funds lent in using Kiva
  • 1,485.0
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Patemo Group's $3,125 loan helped a member increase the inventory of soda to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 16, 2010
Listed
Dec 1, 2010
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2011