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Mashine Ya Maji Group
In this Group: Edward, Emmanuel, Thomas, Paulo, Gradi, Ester, Exavery, Maria, Ida*, Amina, Monica, Maliza, Bernada, Yassin
* not pictured
Edward, aged 34, is married with two children one of whom goes to school and the other is still too young. He has been running a carpentry business for four years now. Edward works from 7am to 6pm daily and he is able to make a good monthly profit.

This will be his third loan from Tujijenge Tanzania. He used the previous loans to buy more wood for his business and he has successfully repaid all his loans. Edward hopes for a loan to buy more stock of wood. His dream is to one day be a big trader of carpentry products.

He will share this loan with his loan group "Mashine Ya Maji" which totals 14 members who will hold each other accountable for repaying 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
  • 39
    View loans »
    Tanzania Loans Fundraising
  • $14,890,625
    Funds lent in using Kiva
  • 1,571.0
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Mashine Ya Maji Group's $4,950 loan helped a member to buy more stock of wood.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 30, 2012
Listed
Sep 4, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013