Check out some available loans that are similar to this one!
Crane Group
In this Group: Hassan, Issa, Cornel, Perpetua, Amina, Shabani, Abdalah, Mariam, Alex, Sunday, Albano, Preskus, Modest, Rashid, Juma
Hassan, who is in his late 30s, is married and has two children who attend school. He has been running a business selling secondhand clothes for two years. Hassan works from 6 a.m. to 6 p.m. daily and is able to make a good monthly profit.

Hassan is requesting his 4th loan from Tujijenge Tanzania. He has repaid all of his previous loans, which he used to buy a plot of land, to start building his family house, to increase his business stock and to cover household expenses. Hassan will use this new loan to increase his inventory of secondhand clothes to resell to more customers. His dream is to one day be able to finish building his house and to expand his business in more places.

Hassan will share this loan with his group " Crane" which consists of 15 members who will hold each other accountable for repaying 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
  • 14
    View loans »
    Tanzania Loans Fundraising
  • $14,466,375
    Funds lent in using Kiva
  • 1,593.5
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Crane Group's $3,775 loan helped a member to increase his inventory of secondhand clothes to resell to more customers.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 7, 2012
Listed
Dec 1, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013