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Munduli B Group
In this Group: Jumanne, Fatuma, Abdallah, Anna, Rehema, Darini, Getruda, Mikaela, Hadija, Witness, Fatuma, Tano, Mwanaisha, Ahmad, Mshamu, Sinajumu, Anna , Salum
Jumanne, who was born in 1976, is married with four children who still go to school. He has had a food shop business selling rice, beans of different kinds, maize and wheat flour, and sugar since 2002. He is currently needs to start a broiler chicken business. He works from 6am to 10pm daily and he is able to make a small monthly profit.

He request for a fifth loan from Tujijenge Tanzania. He used the previous loans to buy a motorcycle and a sofa set, to finish building his family house, to repair his vehicle, and to cover household expenses. He has paid back all his loans successfully. He wants a loan to start broiler chicken business. His dream is to one day be able to buy a solar power since is cheaper to use than other power sources.

He will share this loan with his loan group "Munduli B" which totals 18 members. The members of the group 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
  • 36
    View loans »
    Tanzania Loans Fundraising
  • $14,895,100
    Funds lent in using Kiva
  • 1,543.0
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Munduli B Group's $5,500 loan helped a member to start a broiler chicken business.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 20, 2012
Listed
Oct 1, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013