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Kisanga K Group
In this Group: John, Johanes, Hamis, Athman, Amina, Hamimu, Hassani, Hemed, Hamdani, Said, Salma, Rahim
JOHN, who is in his early 50s, is married with five children. Four of the children are in school while the remaining one is already married with one child. For a period of two years now, JOHN has been running two businesses, clearing and forwarding services and Daladala (passenger buses). He is doing fine with his businesses. He works from 8am to 6pm daily and is able to earn a very good profit per month.

This will be his seventh loan from Tujijenge Tanzania. He used the previous loans to buy a plot where he has already built a house, helped open a clothes business for his wife, and has paid school fees and household expenses. He has paid back all of his loans successfully. He will use this loan to pay for business debts as well as for school fees. His dream is to one day be able to build another expensive and better house.

He will share this loan with his loan group "KISANGA K", which totals 12 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
  • 42
    View loans »
    Tanzania Loans Fundraising
  • $14,890,150
    Funds lent in using Kiva
  • 1,635.5
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Kisanga K Group's $5,250 loan helped a member to pay for business debts as well as school fees.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 20, 2013
Listed
Mar 1, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2013