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Munduli Group
In this Group: Sinajumu, Fatuma, Janeth, Anna, Mshammu, Leonard, Getruda, Sharifa, Rehema, Helena
Sinajumu is in her early 50s and married with four children, two of whom go to school, and two grand children, one of whom goes to school. She has been running a business selling fruits and vegetables, plus dry food like wheat flour, sugar and baking flour (this business is called genge duka). She works from 6am to 9pm daily and is able to make a small monthly profit.

This will be her first Motisha loan from Kiva's partner, 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 wants a loan to increase her business. Her dream is to one day be able to add two other rooms to her house. She has built two rooms so far and she wants to be able to have four rooms altogether.

She will share this loan with her loan group "Munduli B" which has a total of 10 members who will hold each other accountable in paying back their loans.

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
  • 37
    View loans »
    Tanzania Loans Fundraising
  • $14,890,150
    Funds lent in using Kiva
  • 1,590.0
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Munduli Group's $1,325 loan helped a member to increase her stock of fruits, vegetables and dry foods.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 29, 2011
Listed
Aug 6, 2011
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2011