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Lukundo Group
In this Group: Bryson, Julieth, Norah, Rehema, Seleman, Zainibu, Ramadhan, Salum*, Bakari, Flora, Edina
* not pictured
Bryson, who is in his mid-30's, is married and has two children. One of them is going to school and another one is still small. Bryson has been running a business of selling fish at wholesale prices and also selling traditional chicken, which he collects from upcountry. He works from 6.00 am to 6.00 pm daily and is able to make a good monthly profit.

This will be his 3rd loan from Tujijenge Tanzania. He used the previous loans for house expenses, to increase his fish stock and to start selling traditional chicken. He has paid back his loans successfully. He wants a loan to increase the fish stock and more traditional chicken and to sell chicken in another place. His dream is to be able to build his own house some day.

He will share this loan with his loan group 'Lukundo", which has a total of 11 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
  • 13
    View loans »
    Tanzania Loans Fundraising
  • $14,117,875
    Funds lent in using Kiva
  • 1,595.0
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Lukundo Group's $2,850 loan helped a member to increase his fish stock and more traditional chicken, and to sell chicken in another place.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 7, 2012
Listed
Mar 11, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2012