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Serakazi Group
In this Group: Melkiory, Bosco, Kackson, Mariam, Erinest, Sadru, Alice, Irene, Modesta, Happy, Mary, Hawa, Veronica, Jacobo, Sifa
Melkiory, who is in his mid 30s, is married. He has been running a genge duka (selling sugar, beans, wheat flour, salt, cigarettes, sweets, tomatoes, bananas, oranges, avocados, Irish potatoes, etc) since 1998. He works from 7:00 am to 9:00 pm daily and is able to make a good monthly profit.

This will be Melkiory's 3rd loan from Tujijenge Tanzania. He used the previous loans to buy stocks of missing items. He has paid back all his loans successfully. He wants a loan to increase on his business stock. His dream is to one day be able to own a supermarket.

Melkiory will share this loan with his loan group "Serakazi," which has a total of 15 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
  • 14
    View loans »
    Tanzania Loans Fundraising
  • $14,211,425
    Funds lent in using Kiva
  • 1,572.0
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Serakazi Group's $3,900 loan helped a member to buy more stock for his store.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Mar 28, 2012
Apr 9, 2012
Currency Exchange Loss:
Aug 15, 2012