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Muungano - Beach Group
In this Group: Zainab, Ashura, Merce, Zaina, Merry, Devotha, Khadija, Betseba, Juma, Warigo, Catherine
Zainab,who is in her early 20s, is single with a baby girl who is still young. Since 2011, Zainab has been able to meet the basic needs of her family by running a beauty salon. She works from 8am to 9pm daily and is able to make a good profit per month.

This will be her second loan request from Tujijenge Tanzania. With her previous loan, she managed to restock missing salon equipment. She paid back her loan successfully. She will use this loan to again restock missing salon equipment. She dreams of owning a nursery school.

She will share this loan with her loan group "Muungano - Beach" which totals 11 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
  • 31
    View loans »
    Tanzania Loans Fundraising
  • $14,365,675
    Funds lent in using Kiva
  • 1,626.5
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Muungano - Beach Group's $2,900 loan helped a member to restock her missing salon equipment.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 16, 2013
Listed
May 22, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2013