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Chicago Group
In this Group: Frifence, Asticola, Bichilia, Irene, Ashura, Rashid, Miriam*, Gabriel
* not pictured
Frifence W., is in her mid-twenties and is single. She has been selling ladies clothes door to door for two years. She works from 9.00am to 4.00pm daily and is able to make a small monthly profit.

This will be Frifence's 3rd motisha loan from Tujijenge Tanzania. A Motisha loan is a product offered by Tujijenge Tanzania that allows borrowers with good credit ratings to pay back their original loans faster and receive extra money before their original loan term has ended. She used the previous loans to go to Kariakoo shopping centre and buy more ladies clothes, handbags, and ladies shoes. She has paid back her loans successfully. She hopes for a loan to buy more clothes, handbags and shoes. Her dream is to one day own a salon and put all the required equipments for that in her salon.

Frifence will share this loan with her loan group "Chicago" which has a total of 8 members. The members of the group will hold each other accountable in paying back their loans.

In the picture, Frifence is in front holding a handbag.

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
  • $14,347,475
    Funds lent in using Kiva
  • 1,505.0
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Chicago Group's $2,175 loan helped a member to buy more clothes, handbags, and ladies shoes to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 12, 2011
Listed
Apr 23, 2011
Currency Exchange Loss:
Possible
Ended:
Sep 22, 2011