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Makuti  A Group
In this Group: Veronica, Lilian, Fatuma, Zamda, Mwanaheri, Teresia, Pili, Severina, Mariam, Ziama, Maimuna, Asha, Matilda, Hermani
Veronica, who is in her late 40s, is married with five children who go to school, She has been running a "Mama Lishe" (food business) for about twenty years now. She is working hard and it shows; she works from 6.00 am to 2.00 pm daily and is able to make a good monthly profit.

This will be her 15th loan from Tujijenge Tanzania. She used the previous loans to pay school fees, household expenses and she increased the missing items in her food stock (potatoes and coconuts). She has repaid all her loans successfully. She wants a loan to finish building her business room and pay her children's school fees. Her dream is to one day to be able to open a food shop.

She will share this loan with her loan group “Makuti A” which has a total of 14 members who will hold each other accountable for paying back the loan.

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
  • 37
    View loans »
    Tanzania Loans Fundraising
  • $14,895,100
    Funds lent in using Kiva
  • 1,570.0
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Makuti A Group's $6,075 loan helped a member to finish building her business room and paying school fees.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 14, 2012
Listed
Sep 1, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2013