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Mtaji Wa Masikini Group
In this Group: Joseph, Lucas, Baraka, Nicholaus, Paschal, Selemani, Victor, Robart, Selemani, Masumbuko
Joseph, who is in his early 50s, is married, with two children, one is a grown-up and one is still at school. He has been selling meat for fifteen years now. He works from 9.00 am to 9.00 pm daily and is able to make a very good monthly profit.

This will be Joseph's 13th loan from Tujijenge Tanzania. He used the previous loans to buy land, has built his small house, bought furniture, a radio, and a television set, paid school fees, recovered household expenses, and has successfully paid back all his loans.

Joseph wants a loan to buy more stock of meat. His dream is to one day be able to go up-country and buy things, like rice.

Joseph will share this loan with his loan group "Mtaji Wa Masikini Group," with ten 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

  • $1,700
    Average annual income
  • 19
    View loans »
    Tanzania Loans Fundraising
  • $14,473,050
    Funds lent in using Kiva
  • 1,578.3
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Mtaji Wa Masikini Group's $5,125 loan helped a member to buy more meat for resale.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 8, 2013
Listed
Jan 14, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2013