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Ahazi's Tarangire Group
In this Group: Ahazi, Sarah, Christina, Meena, Grace, Tyness
Ahazi, age 64, is married and has 11 children. He started a furniture business in 1978, and works there from 8 a.m. to 5 p.m. daily. From this business, he makes about $480 a month.


In the past, Ahazi used a loan from Tujijenge Tanzania to expand his business. Having successfully paid back this loan, he has applied for a new one to continue this expansion. He will share this loan with his group, whose members are in the chicken- and charcoal-selling businesses.

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

  • $1,900
    Average annual income
  • 42
    View loans »
    Tanzania Loans Fundraising
  • $14,807,750
    Funds lent in using Kiva
  • 1,174.5
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Ahazi's Tarangire Group's $1,425 loan helped a member to buy more stock for his furniture business.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Apr 25, 2008
Listed
Apr 10, 2008
Currency Exchange Loss:
Covered
Ended:
Aug 25, 2008