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Mabula Group
In this Group: Steveni, Shabani, Dostila, Marki, Asha, Prisca, Magdalena, Maria, Maiko, Teresia, Pili, Juma, Adamu, Mariam
Steveni, who is in his mid-30s, is married with two children of whom one goes to school and the remaining is still too young. He originally had a general store but switched to a grocery business two years ago now. He works from 4pm to midnight daily and is able to earn a good profit per month.

This will be his 9th loan from Tujijenge Tanzania. He used the previous loans to open the grocery business, covered school fees and household expenses. He has paid back all his loans successfully. He will use this loan to increase more grocery stocks. His dream is to one day be able to expand his business.

Steveni will share this loan with his loan group " MABULA" which totals 14 members. The members of the group 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

  • $1,900
    Average annual income
  • 43
    View loans »
    Tanzania Loans Fundraising
  • $14,902,975
    Funds lent in using Kiva
  • 1,614.5
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Mabula Group's $3,450 loan helped a member to buy more grocery stocks.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 14, 2013
Listed
Feb 18, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013