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Magereza Group
In this Group: Amina, Peter, Kornel, Grace, Asha, Mwanvita*, Muni, Amina, Hadija, Anna, Charles, Prosper
* not pictured
Amina, who is in her late twenties, is married and has one son. He is still going to school. Amina has been running two businesses, selling charcoal and selling tap water, for two years. She works from 6.00 am to 9.00 pm daily, and is able to make a fair monthly profit.

This will be her first loan from Tujijenge Tanzania. Amina has been selling charcoal, selling tap water, and now she will use this loan to start a grocery business. Her dream is to one day be able to have a good business.

Amina will share this loan with her loan group, Magereza, with 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

  • $1,900
    Average annual income
  • 38
    View loans »
    Tanzania Loans Fundraising
  • $14,888,425
    Funds lent in using Kiva
  • 1,618.5
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Magereza Group's $4,000 loan helped a member to start a grocery business.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 27, 2013
Listed
Apr 14, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013