Check out some available loans that are similar to this one!
Imarika Group
In this Group: Mandela, Fraterine, Salum*, Adam, Asha, Ester , David, Mlelwa, Hassan, Asia, Hamisi, Haji, Mustafa, Christina*, Anthony, Ester
* not pictured
Mandela R., in black in the back row, is in his mid twenties and is married with one daughter. He has been running a charcoal business for the past four years. The business is open between 06:00 am and 06:00 pm and earns him a small monthly profit.

This will be Mandela's first loan from Tujijenge Tanzania. He aims to use the loan to expand his business, mainly by increasing his stock of charcoal to meet customer demand. He hopes this will increase his profit and make him the biggest charcoal seller in his part of the town, and to start selling wholesale.

Mandela will share this loan with his loan group Imarika, which has 16 members. The members of the group will hold each other accountable for repaying the loans.

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

  • $1,900
    Average annual income
  • 41
    View loans »
    Tanzania Loans Fundraising
  • $14,890,625
    Funds lent in using Kiva
  • 1,473.5
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Imarika Group's $3,375 loan helped a member increase his stock of charcoal.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 13, 2010
Listed
Jan 1, 2011
Currency Exchange Loss:
Possible
Ended:
May 15, 2011