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Mshikamano Tegeta Group
In this Group: Maroa, Soud, Rose, Furaha, Mwanaharusi, Ahmed, Rashid, Daniel, Ashura, Lucy, Mwanaid, Maua
Maroa, who is in his early 40s is married with four children, three boys and one girl. All of them go to school. He has been selling stationary for two years now. He used to sell phone accessories but now is in the stationary business. He works from 8 a.m. to 8 p.m. daily and is able to make a fair monthly profit.

This will be Maroa's tenth loan from Tujijenge Tanzania. He used the previous loans to start selling stationary and buy more stock of stationary. He has paid back all his loans successfully. He used the profits to pay his children's school fees and continue building his house. He will use this loan to buy a camera and start a shooting business, in addition to his stationary business. His dream is to one day be able to finish building his house.

Maroa will share this loan with his loan group "Mshikamano Tegeta," which has a total of 12 members who 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
  • 21
    View loans »
    Tanzania Loans Fundraising
  • $14,347,475
    Funds lent in using Kiva
  • 1,623.5
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Mshikamano Tegeta Group's $4,550 loan helped a member to buy a camera and start a shooting business.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 11, 2013
Listed
Mar 13, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013