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Mikoroshini Group
In this Group: Roy , Asma, Juma, Thomas, Anneth, Rose, Shida, Husna, Neema, Rose, Mwanaisha, John, Grace, Ester
Roy, who is in her early 40s, is single with two children who are going to school. She has been running a butcher business since 1990. She works from 5 a.m. to 8 p.m. daily and is able to make a good monthly profit.

This will be Roy's fifth loan from Tujijenge Tanzania. She used the previous loans to buy a better meat cutter, increase her meat stock, repair the shop door, paint and put up wall tiles and buy most of the things that are needed to make cutting meat easier. She has paid back all her loans successfully.

Roy has used her profits to pay school fees and rent on her house and shop and to cover household expenses. She will use this loan to buy more meat and sell to more people. Her dream is to one day be able to buy a plot of land.

Roy will share this loan with her loan group, Mikoroshini, whose 14 members 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
  • 16
    View loans »
    Tanzania Loans Fundraising
  • $14,466,375
    Funds lent in using Kiva
  • 1,618.5
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Mikoroshini Group's $5,350 loan helped a member to buy more meat and sell to more people.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 9, 2013
Listed
Apr 14, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013