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Saadan Group
In this Group: Erick, Ramadhan, Masood, Mariam, Shaban, Amina, Gloria, Praxeda, Dativa*, Regina, Godwin, Julieth, Clara, Aida, Anna, Telaka, Gaudensia, Boaz, Sophia
* not pictured
Erick S. is 38 years old, married and has one child who is in secondary school. Since 2007, he has made a living by selling fruits and vegetables. He works from 7:30 a.m. to 8:30 p.m. daily and makes a small monthly profit from his business. He is applying for his fourth loan from Tujijenge Tanzania. Erick successfully repaid his previous loans, which he used to expand his business and buy more items to sell to his customers. He plans to use his portion of this loan to open up a new fruit and vegetable stand in his neighborhood. His dream is to someday own a large supermarket. Erick belongs to a 19-member loan group called "Saadan." Each member holds all the others accountable for repaying this loan. In this photo, we see Erick sitting in the front row, second from left, wearing a blue and white striped shirt.

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
  • 15
    View loans »
    Tanzania Loans Fundraising
  • $14,211,425
    Funds lent in using Kiva
  • 1,508.0
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Saadan Group's $4,925 loan helped a member to open a new fruits and vegetables stand.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 27, 2011
Listed
May 2, 2011
Currency Exchange Loss:
Possible
Ended:
Sep 22, 2011