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Mzimuni Group
In this Group: Jane, Pazi, Fatuma, Maulid, Doris, Edina, Mkomi, Kado
Jane, a member of the Mzimuni group, has been managing her family by running a business selling rice up-country. She has been in this business for a period of three years now. Jane, who is in her late 30s, is married with seven children (three girls and four boys) who are in school. She is doing fine in this field and the family is also. She works from 8 a.m. to 6 p.m. daily and is able to make a good profit per month.

This will be her sixth loan request from Tujijenge Tanzania. With the previous loans, all of which she paid back successfully, she managed to purchase more sacks of rice, which she resold to more clients in other regions. With the profit earned, she covered school fees for her children, covered home costs and reinvested into the business. She will use this loan to increase her stock of rice. Jane dreams to expand her rice business more.

She will share this loan with her loan group, Mzimuni, which totals eight 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
  • 36
    View loans »
    Tanzania Loans Fundraising
  • $14,890,150
    Funds lent in using Kiva
  • 1,623.5
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Mzimuni Group's $1,525 loan helped a member to increase her stock of rice.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 24, 2013
Listed
May 9, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013