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Wazo Tegeta Group
In this Group: Evarist, Filbert, Hawa, Godgrey, Elizabeth, Juma, Theopista, Agia, Stella, Hawa, Melania, Secilia, Olipa, Yusta, Mariam
Evarist, who is in his early 30s, is married and has one son who goes to school. He has been owning a retail shop for three years now. He works from 7:00 am to 10:00 pm daily and is able to make a fair monthly profit.

This will be Evarist's 4th loan from Tujijenge Tanzania. He used the previous loans to increase stock items and pay household expenses. He has paid back all his loans successfully. He wants a new loan to increase the inventory for his retail shop. His dream is to one day be able to expand his business.

Evarist will share this loan with his loan group "Wazo Tegeta," 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
  • 20
    View loans »
    Tanzania Loans Fundraising
  • $14,347,475
    Funds lent in using Kiva
  • 1,573.0
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Wazo Tegeta Group's $2,500 loan helped a member to buy inventory for his store.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 2, 2012
Listed
Apr 13, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 15, 2012