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Tiro Group
In this Group: Malizia, Banali, Tofiri, Nasra, Halima, Tausi, Shuruti, Alice, Mkejina, Naima
Malizia, who is in her early 30’s, is married and lives with her husband. She is the mother of three children (two boys and a girl) who are in school. For a period of three years now, she has operated two businesses, selling food and charcoal. She is doing fine with her businesses and her family as well. She works from 6 AM to 8 PM daily and is able to generate a fair profit each month.

This is Malizia's fourth loan request from Tujijenge Tanzania. She repaid her previous loans successfully and used them to restock items in both her food and charcoal businesses. With the profit she earned, she bought a cupboard, covered home expenses and paid school fees. She will use this loan to increase her stock of sacks of charcoal. Her dream is to one day be able to build a nice family house and provide her children with a better education.

She will share this loan with her loan group "TIRO," which has a total of 10 members. The members of TIRO 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

  • $1,700
    Average annual income
  • 50
    View loans »
    Tanzania Loans Fundraising
  • $14,686,950
    Funds lent in using Kiva
  • 1,618.4
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Tiro Group's $3,350 loan helped a member to purchase more sacks of charcoal.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 4, 2013
Listed
Mar 7, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2013