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Mtazamo Group
In this Group: Haidary, Sara, Kasimu, Ally, Zulfa, Ally, Yahaya, Rehema, Hadija, Mussa, Rehema, Fransis*, Japhet, Tabu, Dunia
* not pictured
Haidary, who is in his early 30's, is married with two children. One of his children goes to school, and the other child is still small. He has been selling telephone accessories and performing telephone repairs for five years now. He works from 8:00 AM to 10:00 PM daily and is able to make a small monthly profit.

This will be Haidary's fifth loan from Tujijenge Tanzania. He used the previous loans to buy a wider selection of inventory for his telephone shop, to open a salon for men, and to cover household expenses. He has paid back all his loans successfully. He will use this loan to increase stock on telephone accessories to resell. He dreams of going to China and of buying his shop accessories.

He will share this loan with his loan group Mtazamo, which has 15 members. The 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
  • 35
    View loans »
    Tanzania Loans Fundraising
  • $14,312,325
    Funds lent in using Kiva
  • 1,619.5
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Mtazamo Group's $4,275 loan helped a member to increase stock of telephone accessories to resell.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 30, 2013
Listed
Feb 5, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2013