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Elizabeth's Kipunguni Group
In this Group: Elizabeth, Tatu, Fortunata, Mary, Asha, Veronika
Elizabeth, age 32, is married and owns a video library where she works from 8am to 7pm daily. She started this business in 2007 and now makes a monthly profit of about $180 from her rentals.


Elizabeth now hopes for a loan to increase her video stock. She will share this loan with her subgroup. They belong to the loan group called Kipunguni, whose members keep each other accountable in paying back their loans.


In the picture, Elizabeth is 1st on the right ,standing

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
  • 43
    View loans »
    Tanzania Loans Fundraising
  • $14,890,625
    Funds lent in using Kiva
  • 1,165.9
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Elizabeth's Kipunguni Group's $1,725 loan helped a member to purchase more video stock for her library.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Mar 22, 2008
Listed
Mar 6, 2008
Currency Exchange Loss:
Covered
Ended:
Jul 22, 2008