Check out some available loans that are similar to this one!
Kibibi's Msimamo Group
In this Group: Kibibi, Stumai, Grace, Amina, Agnes
Kibibi S., age 47, is married and has six children (ages 30, 27, 18, 14, 12 and 6). She has a hardware business which she began 8 years ago. She works from 8am to 6pm daily making a monthly profit of about US$171.


In the past, Kibibi has taken out one previous loan from Tujijenge Tanzania to increase her business. She hopes for a new loan to increase her capital. Kibibi will share this loan with her subgroup members selling timber wood, bricks, hardware and charcoal.


In the picture, Kibibi is in the middle of the back 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
  • 21
    View loans »
    Tanzania Loans Fundraising
  • $14,354,950
    Funds lent in using Kiva
  • 1,165.9
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Kibibi's Msimamo Group's $1,875 loan helped a member to buy more building materials for her business.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Mar 22, 2008
Listed
Mar 6, 2008
Currency Exchange Loss:
Covered
Ended:
Aug 22, 2008