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Wastara Group
In this Group: Latifa, Fatuma, Hadija, Yusuph, Khadija, Magreth, Edson, Doris, Stewart, Nasra, Agnes, Faida, Nuru, Omari, Jackson, Hadija
Latifa, who is in her late 30s, is married with two sons who are still in school. She has been a food vendor since 2002. She works from 6am to 9pm daily and is able to make a fair monthly profit.

This will be Latifa's third loan from Tujijenge Tanzania. She used the previous loans to buy the missing items in her food stock and soft drinks, pay school fees, buy a mattress and bed and cover household expenses. She has paid back all her loans successfully. Latifa wants a loan to pay school fees and to increase her food stock so as to sell to more people.

Latifa will share this loan with her loan group, Wastara, which has 16 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
  • 15
    View loans »
    Tanzania Loans Fundraising
  • $14,211,425
    Funds lent in using Kiva
  • 1,615.5
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Wastara Group's $4,950 loan helped a member to pay school fees and to increase her food stock so as to sell to more people.
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