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Mavuno Group
In this Group: Barnaba, Omary, Ummy, Maimuna, Ally, Shekha, Mary, Lai, Dadi, Hassan, Ester, Kisala, Ashura, Fatuma
Barnaba,who is in his mid 30s in married with one child who goes to school. He has been running a Retail shop for one and a half years now. He works from 6.00 am to 4.30 pm daily and is able to make a fair monthly profit.

This will be Barnaba's 2nd loan from Tujijenge Tanzania. He used the previous loan to buy the missing items in his shop, covered the household expenses and has paid back the loan successful. He wants a loan to start buying the shop products like soap bars,cartons of water, juice and biscuits instead of buying small quantities. This will make him sell more products than before and the stock of his shop will be full. His dream is to one day be able to become an international business man.

Barnaba will share this loan with his loan group "Mavuno" with thirteen 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
  • 34
    View loans »
    Tanzania Loans Fundraising
  • $14,312,325
    Funds lent in using Kiva
  • 1,603.5
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Mavuno Group's $2,825 loan helped a member to buy shop products like soap bars, water, juice and biscuits in cartons instead of in small quantities.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 10, 2013
Listed
Jan 17, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013