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Stephano Mpims' Tujikwamue Uk E Group
In this Group: Stephano, Dominic, Maria, Salama, Monica, Hilda, Christopher
Stephano M., age 40, is married with four children (ages 18, 11,7 and 1). He has a butcher shop which he began 10 years ago. His shop is open from 5am to 3pm daily and he is able to make a monthly profit of around $567.


Stephano has taken out one previous loan from Tujijenge Tanzania to help support his butcher shop. He hopes for a new loan to open another butchery. Stephano will share this loan with his subgroup members selling charcoal, soap, vegetable, fruits, annd food.


In the picture Stephano is 1st from left standing in back row

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
  • 12
    View loans »
    Tanzania Loans Fundraising
  • $14,110,150
    Funds lent in using Kiva
  • 1,205.0
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Stephano Mpims' Tujikwamue Uk E Group's $1,800 loan helped a member to open another butchery.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jun 20, 2008
Listed
Jun 3, 2008
Currency Exchange Loss:
Covered
Ended:
Oct 21, 2008