For a period of three years now, she has been running a cross-border business, selling clothes to specific customers. She has no business premises and no specific working time. Whenever she buys her products, she delivers them straight to the customers' premises, according to their orders.
This will be her 14th loan from Tujijenge Tanzania Ltd. She used the previous loans to buy a three-wheel motorcycle (Bajaji), increased her stocks of clothes, and started building her house. She has successfully paid back all of her loans.
She will use this loan to finish building her house. Her dream is to one day be able to open another business, so as to expand her portfolio.
Benedicta will share this loan with her loan group, "Msakuzi," which totals 12 members. The members of the group will hold each other accountable for paying back the loan.
About Tujijenge TanzaniaThis 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
About Housing Loans
Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.
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Success!! The loan was 100% repaid