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Fatuma's Chimbuko Group
In this Group: Fatuma, Mohamedi, Aisha, Severin, Happines, Salma, Mariam, Mwamvita*, Mbeyu, Zubeda, Monica, Hamis, Mwanamboga, Sophia, Salma*
* not pictured
Fatuma, age 51, is married and has four children, ages 21, 19, 17 and 4 . For the past six years, she has made a living selling cosmetics and food. She works from 8 a.m. to 8 p.m. daily, and makes a monthly profit of around $26.


In the past, Fatuma took out two loans from Tujijenge Tanzania to start her businesses. Now she has applied for a new loan to increase her capital and expand these businesses. Fatuma will share this loan with the Chimbuko group, which has 15 members. These members will hold each other accountable for paying back their loans. They run a variety of businesses which sell food, soft drinks and beer, oil, clothing, charcoal and other items.


In the picture, Fatuma is second from the left in a blue dress.

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
  • 46
    View loans »
    Tanzania Loans Fundraising
  • $14,686,950
    Funds lent in using Kiva
  • 1,174.5
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Fatuma's Chimbuko Group's $2,275 loan helped a member to buy more food items and cosmetics.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Apr 28, 2008
Listed
Apr 9, 2008
Currency Exchange Loss:
Covered
Ended:
Aug 28, 2008