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Momela Group
In this Group: Merina, Sara, Elizabeth, Sabina, Salma, Yasin, Amos, Frank, Rebeca, Mwajabu, Muhsin
Merina, who is in her mid 30s, is married with two sons who are still going to school. She has been a food vendor for 12 years now. She works from 6:00 am to 10:00 pm daily and is able to make a fair monthly profit.

This will be Merina's eleventh loan from Tujijenge Tanzania. She used the previous loans to buy a radio, TV set, mattress, bed, cupboard, and sofa set. She also used the loans to pay for school fees and cover household expenses; she has paid back all her loans successfully. She is expending a loan to buy more food to resell and to pay for school fees. She has a dream of owning a hotel.

Merina will share this loan with her loan group, "Momela", which has eleven members. These members 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
  • 16
    View loans »
    Tanzania Loans Fundraising
  • $14,466,375
    Funds lent in using Kiva
  • 1,615.5
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Momela Group's $4,675 loan helped a member to buy more food to resell and to pay for school fees.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 30, 2013
Listed
Feb 2, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013