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Mt Magoroto Group
In this Group: Husna, Mwajuma, Humphrey, Innocent, Benedict, George, Mwanayumbe, Evodia, Nuru, Neema, Baraka
Husna, who is in her late 20s, is married with two school-going children. Since 2007, she has been running a cafe where she sells food and drinks. She is doing well. She works from 12:30 p.m. to 11 p.m. daily and she is able to make a good monthly profit.

Husna is requesting a sixth loan from Tujijenge Tanzania. She used the previous loans to buy more business stock, pay her children's school fees and cover her household expenses. She has paid back all her loans successfully.

Husna is requesting a loan to increase her cafe stock. Her dream is to one day be able to build her own house.

Husna will share this loan with her loan group "Mt Magoroto," which comprises 11 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

  • $1,700
    Average annual income
  • 41
    View loans »
    Tanzania Loans Fundraising
  • $14,127,075
    Funds lent in using Kiva
  • 1,574.9
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Mt Magoroto Group's $4,625 loan helped a member to increase her business stock.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 10, 2012
Listed
Oct 1, 2012
Currency Exchange Loss:
Possible
Ended:
Jan 15, 2013