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Makongo  K K Group
In this Group: Mary, Hamisa, Felista*, Paulo, Specioza, Angelina, Jortam*, Jumanne, Leogadia, Tosigwege, Anna, Happy, Fransisca*, Hadija, Maimuna, Levina
* not pictured
Mary, who is in her late 20s, is married with two children who are still going to school. She has had a retail shop since 2000. She works from 7 a.m. to 9 p.m. daily and is able to make a fair monthly profit.

This will be her sixth loan from Tujijenge Tanzania. She used the previous loans to pay school fees, household expenses, and improve her shop's inventory. She has paid back all her loans successfully. She wants a loan to increase the shop's inventory. Her dream is to one day be able to open another shop in a different place.

She will share this loan with her loan group "Makongo K K" which has a total of 16 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

  • $1,700
    Average annual income
  • 30
    View loans »
    Tanzania Loans Fundraising
  • $14,364,400
    Funds lent in using Kiva
  • 1,701.0
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Makongo K K Group's $3,950 loan helped a member to increase her shop's inventory.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 19, 2011
Listed
Oct 25, 2011
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2012