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Malkia Group
In this Group: Halfan, Alovisia, Amina, Glad, Eliza, Zainab, Glory, Radhia, Jackline, Rebeka, Kondrad, Shaban, Zahara, Mery, Hadija
Halfan, who is in his middle 30s, is married with three children, one boy and two girls. Two of them go to school and the other one is still young. He has been running a fruits and vegetable business and has a motorcycle. He has been in these businesses for three years now. He works from 8.00 am to 10.00 pm daily and is able to make a good monthly profit.

This will be Halfan's second loan from Tujijenge Tanzania. He used the previous loan to increase his stock in the genge (fruits and vegetables stall) and he bought spares and fuel for the motorcycle. He has paid back the loan successfully. He used the profit to pay school fees and bought a plot of land. He dreams of building his own house.

Halfan will share this loan with his loan group MALKIA with 15 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
  • 34
    View loans »
    Tanzania Loans Fundraising
  • $14,517,375
    Funds lent in using Kiva
  • 1,621.5
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Malkia Group's $4,025 loan helped a member to open another fruits and vegetables business.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 12, 2013
Listed
Mar 14, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013