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Monrovia Group
In this Group: Asma, Sara, Zainabu, Anton, Mariam, Hidaya, Adipenda, John, Stella, Zaitun, Selina, Jamila, Fatuma, Shabani, Rahabu, Asha, Heriet, Ibrahim, Grace
Asma, who is in her mid-30s, is married and living together with her husband and one child who goes to school. Asma has been running a food shop for 3 years now. She works from 7am to 9pm daily and she is able to make a good monthly profit.

This will be her 9th loan from Tujijenge Tanzania. Asma used the previous loans to buy a plot of land which she expects to have a house in the future, bought a sofa set, covered household expenses, increased the food shop inventory, bought a sack of charcoal and she has paid back all her loans successfully. She requests a new loan which she wants to use to buy more food shop stock and start building her own house. Her dream is to one day be able to finish building her house.

Asma will share this loan with her loan group " Monrovia" which totals 19 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

  • $1,900
    Average annual income
  • 37
    View loans »
    Tanzania Loans Fundraising
  • $14,776,050
    Funds lent in using Kiva
  • 1,582.5
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Monrovia Group's $5,750 loan helped a member to buy more food shop stock and start building her house.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 24, 2012
Listed
Nov 4, 2012
Currency Exchange Loss:
Possible
Ended:
Apr 17, 2013