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Sinza E Group
In this Group: Rahimu, Debora, Zena, Hamis, Jafari, Magreth, Abdalah, Hilda, Esther, Ibrahim, Fatuma
Rahimu has been a taxi driver for the past 13 years. He works from 5 a.m. to 10 p.m. and is able to make a good profit each month. He is in his early forties and he lives with his wife and two children, both of whom attend school.

This will be Rahimu's seventh loan from Tujijenge Tanzania. He used his previous loans to buy his own taxi, and he used his profits to buy a flat-screen TV for his family, a sofa set and fan for the household, and school fees for his children, as well as covering household expenses. He has paid back all his loans successfully. His dream is eventually to be able to own more cars so as to expand his business.

He will use this loan to open a retail shop business for his wife, where she will sell a variety of consumer items, such as cooking oil, wheat flour, and maize flour.

Rahimu will share this loan with his loan group "Sinza E," which totals 11 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
  • 41
    View loans »
    Tanzania Loans Fundraising
  • $14,890,625
    Funds lent in using Kiva
  • 1,620.5
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Sinza E Group's $3,775 loan helped a member to open a retail shop business for his wife, where she will sell a variety of consumer items, such as cooking oil, wheat flour, and maize flour.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 21, 2013
Listed
Feb 24, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2013