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Vip Group
In this Group: Joseph, Issa, Stephano, Patrick, Mwanaarafa, Paulina, Thomas, Valency, Ally, Hamad, Clemence, Israel, Garvas, Mwajabu, Elfas, Justine, Yohana, Ezra
The borrower, who is in his early thirties, is married. He has had a general store since 2007. He works from 7:00 a.m. to 9:00 p.m. daily and is able to make a good monthly profit.

This will be the borrower's second loan from Tujijenge Tanzania Ltd. He used the previous loan to buy the items which were missing from his shop's stock. He has paid back his loans sucessfully. He wishes for a loan to increase the shop's inventory further. His dream is to one day become an international businessman and sell food outside the country.

The borrower will share this loan with his loan group "VIP" which has a total of 18 members, who will hold each other accountable in paying back their loans.

In the picture, the borrower is third from right second 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

  • $1,900
    Average annual income
  • 40
    View loans »
    Tanzania Loans Fundraising
  • $14,779,225
    Funds lent in using Kiva
  • 1,534.5
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Vip Group's $4,225 loan helped a member to expand his general store's inventory.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 20, 2011
Listed
May 23, 2011
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2012