This will be Mohamed's 14th loan from Tujijenge Tanzania. He used the previous loans to buy his own taxi since the previous car did not belong to him (he was employed). He also bought a plot of land where he expects to build a house, he managed to build his mother a house, and he paid household expenses, as well as school fees. He has paid back all his loans successfully. Mohamed will use this loan to start building his house. His dream is to one day be able to finish building his house and expand his business by adding other taxis.
Mohamed will share this loans with his loan group, "Msasani," which has 11 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