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Grace's Gongo La Mboto 1 Group
In this Group: Grace, Eva, Habiba, Agness, Petrida, Abel, Rukia
Grace J., age 33, is a divorcee with 3 children (ages 8, 4, and 2). She has a business selling used shoes, which she began 11 years ago. She works from 10:00 AM to 6:00 PM daily and is able to make a monthly profit of about $429.


Grace has taken out 1 previous loan with Tujijenge Tanzania to increase her capital. She hopes for a new loan to buy more shoes to sell. Grace will share this loan with her subgroup members, whose businesses deal in selling food, beauty treatments, clothes, and charcoal.


In the picture, Grace is the first on the left.

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
  • 13
    View loans »
    Tanzania Loans Fundraising
  • $14,113,250
    Funds lent in using Kiva
  • 1,167.6
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Grace's Gongo La Mboto 1 Group's $1,675 loan helped a member to buy more used shoes to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Mar 27, 2008
Listed
Mar 11, 2008
Currency Exchange Loss:
Covered
Ended:
Jul 27, 2008