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Msisiri Group
In this Group: Maulidi, Mwanaidi, Scolastica, Joyce, Abraihamu, Mahamuru, Rehema, Verian, Aisha, Salama, Sopha, John, Salumu, Fedelis, George, Winfrida, Joyce, Salum, Elizabeth
Maulidi, who is in his early 40s, is married with one child who goes to school. He has been selling fruit and vegetables for 10 years now. He works from 3am to 11 am (works in the mornings only) daily and is able to make a fair monthly profit.

This will be his 1st loan from Tujijenge Tanzania; he wants to use it to buy more sacks of vegetables. He collects his vegetable from the farmers who bring them from upcountry at wholesale prices and has to be at the marketplace at 3am in order to get good quality and a lot of sacks of vegetables. He then sells at retail price. His dream is to one day be able to build his own house.

He will share this loan with his loan group "Msisiri" which has a total of 19 members who will hold each other accountable for 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
  • 38
    View loans »
    Tanzania Loans Fundraising
  • $14,804,600
    Funds lent in using Kiva
  • 1,622.0
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Msisiri Group's $3,525 loan helped a member to buy more sacks of vegetables.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 18, 2011
Listed
Aug 25, 2011
Currency Exchange Loss:
Possible
Ended:
Jan 18, 2012