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Mt Usambara Group
In this Group: Salome, Gerald, Dunia, Halima, Tine, Josephine, Jalafa, Hamis, Nassoro, Nuru
Salome, who is in her early 30s, is married with one daughter who goes to school. She has been selling fried fish for four years now. She wakes up early at 4.00 am in order to collect fresh fish and comes back to fry the fish at around 10.00 am. She sells her fish up to 9.00 pm daily and is able to make a good monthly profit.

This will be Salome's first loan from Tujijenge Tanzania. She wants to use it to increase her stock of fish. Her dream is to one day be able to own a Hotel.

Salome will share this loan with her loan group "Mt Usambara" with ten 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
  • 39
    View loans »
    Tanzania Loans Fundraising
  • $14,787,550
    Funds lent in using Kiva
  • 1,628.5
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Mt Usambara Group's $3,175 loan helped a member to increase the stock of fish.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 22, 2013
Listed
Jun 2, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2013