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Jitahidi Msakuzi Group
In this Group: Mrisho, Mary, Disela, Subira, Bupe, Harry, Esta, Elizabeth, Kibudia, Blandina, Martha, Merry, Neema*
* not pictured
Mrisho, who is in his late 30s, is married with two boys who go to school. For seven years now Mrisho has been running a number of different activities such as selling fish and genge (fruits and vegetables), running a restaurant as well as a general store business. He works from 7am to 10pm daily and he is able to make a very good monthly profit.

This will be his 13th loan from Tujijenge Tanzania. He used the previous loans to finish building his own house, bought two farms, a sofa set, a TV, solar, bought more traditional hens for producing eggs to resell as well as increased his business inventory. He has paid back all his loans successfully. He requesting for a new loan which he wants to use to open a cosmetics business. His dream is to one day be able to expand all his businesses and to be a big businessman.

He will share this loan with his loan group "Jitahidi Msakuzi" which has a total of 13 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

  • $1,700
    Average annual income
  • 8
    View loans »
    Tanzania Loans Fundraising
  • $14,096,650
    Funds lent in using Kiva
  • 1,578.8
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Jitahidi Msakuzi Group's $4,250 loan helped a member to open a cosmetics business.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 16, 2012
Listed
Nov 1, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013