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Masasi Group
In this Group: Fatuma, Mwasiti, Zuwena, Bahati, Sophi, Rukia, Abra, Zamda, Phoibe, Hawa, Hadija, Mwanahamisi, Mariam, Leyla, Zarau, Salama, Sophia, Fatuma, Sophia*
* not pictured
Fatuma M. is the leader of the Masasi group. She is thirty years old and a mother of two boys and one girl aged nine, six and five respectively. Fatuma works in the retail business selling charcoal. Her business has been in operation for six years now, and she works from 7am to 7pm daily, earning a monthly profit of $250.



With this loan she hopes to increase her inventory and expand her sales to nearby markets. She has taken out four previous loans with Tujijenge before, and succesfully repaid all of them. Fatuma is in a group with 17 other borrowers. They will share the loan between them, and help pay it back together. Each member of the group is responsible for another, therefore ensuring payback of 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
  • 31
    View loans »
    Tanzania Loans Fundraising
  • $14,365,675
    Funds lent in using Kiva
  • 1,189.0
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Masasi Group's $3,975 loan helped a member to increase inventory and expand sales.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jul 26, 2008
Listed
Jul 9, 2008
Currency Exchange Loss:
Covered
Ended:
Dec 16, 2008