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Compressor Group
In this Group: Sarah, Catherine, Zaitun, Scola, Magreth, Gaudincia, Zainabu, Anna, Nasra, Janny
Sarah is in her late 30s, married, and has three children, two of whom attend school. For four years, Sarah has been running a retail shop selling different items like sugar, beans, and other consumable and durable items. She also sells charcoal. She works from 6 AM to 10 PM daily and is able to make a good profit every month.

Sarah is requesting her 12th loan from Tujijenge Tanzania, which she will use to purchase sugar and beans. With the previous loans, all of which were repaid successfully, she purchased shop items, restocked charcoal, and bought two big tanks for water selling. The profit covered home expenses and school fees. Sarah dreams of building a nice house for her family.

Sarah will share this loan with her loan group Compressor, which totals 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

  • $1,700
    Average annual income
  • 13
    View loans »
    Tanzania Loans Fundraising
  • $14,466,375
    Funds lent in using Kiva
  • 1,627.4
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Compressor Group's $5,500 loan helped a member to purchase sugar and beans.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 30, 2013
Listed
May 6, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013