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Ufunuo Group
In this Group: Zuena, Josephine, Amina, Dinna, Madina, Stella, Grace, Mashaka, Jack, Anita, Jaquline, Asha, Fadhila, Martin
Zuena, who is in her early 30's, is married and has two children who attend school. She has been selling cosmetics for three years. She works from 10am to 6pm daily, and is able to make a good monthly profit.

This will be her third loan from Tujijenge Tanzania. She used the previous loans to buy more cosmetics, a television, and radios, as well as to pay school fees and household expenses. She has paid back all her of loans successfully. Zuena is requesting a loan to buy more cosmetics to re-sell, as well as to start selling fabrics. Her dream is to open a large clothing and cosmetics shop.

Zuena will share this loan with her loan group "Ufunuo," which totals fourteen 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
  • 39
    View loans »
    Tanzania Loans Fundraising
  • $14,890,625
    Funds lent in using Kiva
  • 1,592.6
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Ufunuo Group's $4,800 loan helped a member to buy more cosmetics to re-sell, and to start selling fabrics.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 12, 2012
Listed
Dec 1, 2012
Currency Exchange Loss:
Possible
Ended:
May 17, 2013