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Subgroup C Of Group Tegemeo
In this Group: Asili, Zainabu, Ally, Colleta, Zainabu
ASILI, age 46, is married with 5 children (ages 15, 11, 8, 5 and 3). He used to work with Total Petrol Station but had to leave because the station went bankrupt. As a result, he started his own business in 2003, a hardware store called the “Mkopi Store.” The shop is open daily from 7am to 6pm. He hires 2 shopkeepers and pays a shop rent of about $45 per month. He makes a profit of around $273 per month which he uses for home expenses and school fees for his children. He also takes care of his mother who is living with them.


Asili is the leader of Subgroup C of Group Tegemeo (Swahili for “expectation”), which totals 21 members. He is going to share this loan with his subgroup members: Zainabu R. (selling charcoal & fire wood), A. M. (selling charcoal), Colleta M. (shop owner), and Zainabu A. (selling snacks). This subgroup has already shared 2 previous loans which they were able to pay back successfully.


Asili used the previous loans to buy hardware appliances for his shop. With the new loan, he hopes to once again increase his stock.


In the picture, Asili is front row and center.

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
  • 38
    View loans »
    Tanzania Loans Fundraising
  • $14,804,600
    Funds lent in using Kiva
  • 1,178.0
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Subgroup C Of Group Tegemeo's $1,075 loan helped a member to increase stock of hardware.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Dec 28, 2007
Listed
Dec 14, 2007
Currency Exchange Loss:
Covered
Ended:
Jun 29, 2008