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Kulangwa Group
In this Group: Said, Sagila, Anjelina, Renatus, Mohamed, Fatuma, Halima, Mwanaid, Joseph, Martha
Said, who is in his early forties, is a married man with four children (with gender balance) who are in school. Since 1989, after he finished primary school, Said has been managing his life by running a food shop business. He works from 6 a.m. to 9 p.m. daily and is able to make a good profit per month.

This will be Said's seventh loan request from Tujijenge Tanzania . With the previous loans, all of which he paid back successfully, he increased the shop's inventory with new foods which he previous lacked in his shop. With the profit earned, he covered family expenses, school fees and the children's bus fare to school. Said will use this loan to increase his inventory with more sacks of rice, sugar and buckets of cooking oil. He dreams to one day be able to have his own business premises to avoid paying high rent.

He will share this loan with his loan group Kulangwa, which has 10 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

  • $1,900
    Average annual income
  • 43
    View loans »
    Tanzania Loans Fundraising
  • $14,890,150
    Funds lent in using Kiva
  • 1,626.5
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Kulangwa Group's $2,400 loan helped a member to increase his inventory with more sacks of rice, sugar and buckets of cooking oil.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 17, 2013
Listed
Apr 21, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2013