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Momela Group
In this Group: Rebecca, Elizabeth, Alua, Sabina, Magret, Salma, Merina, Vidas, Sara, Pili, Ayubu, Yasin, Mwombash, Chiku, Amosi
Rebecca, who is in her early 50's, is married and has five children. One of them is still at school and the rest are independent. Rebecca has been a food vendor for 10 years now. She works from 6.00 am to 6.00 pm daily and is able to make a small monthly profit.

This will be her 2nd loan from Tujijenge Tanzania. She used the previous loan to restock the missing items in the food store and for household expenses and has paid back her loan successfully. She wants a loan to buy more stocks of food so that she will be able to sell more food to more people. Her dream is to one day be able to own a hotel.

She will share this loan with her loan group, "Momela," which has a total of 15 members. They 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
  • 14
    View loans »
    Tanzania Loans Fundraising
  • $14,117,850
    Funds lent in using Kiva
  • 1,591.5
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Momela Group's $4,225 loan helped a member to buy more stocks of food.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 29, 2012
Listed
Mar 6, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 16, 2012