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Wakorintho Group
In this Group: Joyce, Hamad, Abraham, Said, Muksuni, Mwanahamis, Mohamed, Charles, Halima, Hadija, Paulina, Sophia, Hassan, Leila, Mwamin, Seleman, Ally, Hamis, Mbaraka, Zuhura, Christina
Joyce , who is in her early forties, is married with 3 adult children and one still in school. She has three different kinds of businesses. She has poultry, sells fabrics and liquid soap since 1996. She works from 9.00am to 7.30pm daily and is able to make a fair monthly profit.

This will be Joyce's 1st loan from Tujijenge Tanzania. She hopes for a loan to increase fabric stock, buy raw materials for making more liquid soap and to buy more chicks. Her dream is to one day take her last born up to the university.

Joyce will take this loan with her loan group "Wakorintho" which has a total of 21 members, who will hold each other accountable in paying back their loans.

In the picture, Joyce is 1st on the left, 1st row.

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
  • 95
    View loans »
    Tanzania Loans Fundraising
  • $14,502,950
    Funds lent in using Kiva
  • 1,522.5
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Wakorintho Group's $3,275 loan helped a member to buy more chicks, fabrics and materials to make liquid soap.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 16, 2011
Listed
May 20, 2011
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2011