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Ufunuo Group
In this Group: Anita, Dinna, Ramadhani, Madina, Stella, Zuena, Grace, Mashaka, Jack, Asha, Fadhila, Martin
Anita is in her early 30s and is a single woman with one kid who attends school. Since 2008, she has run a business selling clothing. Anita works four hours each day and is able to make a good monthly profit and provide for her family's daily needs. She will share her loan with her loan group, "Ufunuo," which has ten members who will hold each other accountable for repaying the loan.

Anita is requesting a loan to buy more clothing to sell. This will be her fourth loan request from Tujijenge Tanzania. Anita successfully repaid her previous loans that she used to restock her store and buy new clothing brand. She has been able to use the profit from her previous loans to buy a plot of land, make some bricks to prepare for building a house, cover her home expenses, and pay school fees. In the future, Anita dreams of expanding her business and building a nice family house.

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
  • 19
    View loans »
    Tanzania Loans Fundraising
  • $14,229,325
    Funds lent in using Kiva
  • 1,615.5
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Ufunuo Group's $4,650 loan helped a member to buy clothing to sell.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 25, 2013
Listed
Apr 2, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013