Check out other loans that are currently fundraising!
Karoti Group
In this Group: Dafrosa, Agness, Anna, Said, Mary, Magreth, Christopher, Mbaraka, Mwanahamis, Fransiscar, Julieth, Pendo, Eliewaja
Dafrosa, who is in her early 40s, is a married woman with four children, a boy and three girls, who still attend school. With the experience of five years now, Dafrosa has been running different projects: a food shop selling foods like rice, beans, sugar, maize flour, etc., a soft drinks business, a clothes business and a telephone money transfer service (M-pesa). She works from 6 a.m. to 9 p.m. daily and she is able to make a good profit per month.

This will be her 13th loan request from Tujijenge Tanzania. With the previous loans – all which she paid back successfully – she opened the clothes business, restocked on food shop items and started the telephone money-transfer project (M-pesa). With the interest earned, she paid school fees and household expenses, repaired the house and bought a plot where she expects to start some agricultural activities. She will use this loan to restock all her businesses in accordance. She dreams to one day be able to make a big investment on her plot and build a nice house.

She will share this loan with her loan group "Karoti" which totals 13 members. The members of the group 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
  • 36
    View loans »
    Tanzania Loans Fundraising
  • $14,677,675
    Funds lent in using Kiva
  • 1,624.5
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Karoti Group's $5,650 loan helped a member to restock all her businesses .
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 17, 2013
Listed
Apr 21, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2013