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Mt Magoroto Group
In this Group: Husna, Neema, Innocent, Benedict, Bahati, Nuru, Mariam, George, Baraka
Husna, who is in her late 20s, is married with two children who are in school. Since 2008, Husna has been running a cafe selling water, soft drinks and chips. She works from 5am to 11pm daily and is able to make a good profit per month.

This will be her 7th loan request from Tujijenge Tanzania. With the previous loans, all of which she repaid successfully, she replaced stock for her cafe. With the profit received, she covered home expenses and school fees. She will use this loan to increase her cafe stock. She dreams to own a mini-supermarket.

She will share this loan with her loan group, Mt Magoroto, which has a total of 9 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
  • $14,804,600
    Funds lent in using Kiva
  • 1,626.5
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Mt Magoroto Group's $3,875 loan helped a member to increase cafe stock.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 29, 2013
Listed
May 5, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013