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Mwaminifu Group
In this Group: Fatuma, Christina, Pamela, Ashura, Abdallah, Mwajuma, Paulo, Amina, Scolastica, Marry, Bushia, Sharifa, Abery, Pili, Mwajuma, Rashidi, Scolastica, Cartas, Jane
Fatuma is in her early 30s and married with one young child. For the past five years, she has run a grocery business. Fatuma's business is doing very well and works daily and is able to make monthly profits of about 900 USD. She is a member of the loan group "Mwaminifu," which has 19 members who hold each other accountable for repaying the loan.

Fatuma is requesting her first loan from Tujijenge Tanzania to increase her grocery stock and purchase products such as beer, soda, water, and other alcohol. Her dream is to one day be able to build her own house and expand her business.

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
  • 40
    View loans »
    Tanzania Loans Fundraising
  • $14,311,200
    Funds lent in using Kiva
  • 1,585.0
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Mwaminifu Group's $5,175 loan helped a member to purchase stock such as beer, soda, and water.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 16, 2012
Listed
Sep 1, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2013