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Ulezi Group
In this Group: Daud, Daud..., Titto, Secilia, Devotha, Juma, Rachel, Yona, Amina, Swaumu, Seif, Athuman, Shufa, Athuman
Daud, who is in his early 30s, is married, with two children who go to school. For five years, he has been running two businesses, selling fresh fruits and fried chicken. He works from 4.00am (very early in the morning) to 10.00 pm daily and is able to make a fair monthly profit.

This will be Daud's third loan from Tujijenge Tanzania Ltd. He used the previous loans to increase the amount fresh fruits and to buy more chicken to fry and sell. He has successfully paid back all his loans. He used the profit to buy a bed and a TV set and to pay household expenses. He will use this loan to buy more fresh fruits to resell and more chicken to fry and sell. His dream is to one day be able to buy a car for his business and to build his own house.

Daud will share this loan with his loan group, Ulezi Group, with fourteen 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
  • 12
    View loans »
    Tanzania Loans Fundraising
  • $14,211,425
    Funds lent in using Kiva
  • 1,633.5
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Ulezi Group's $5,925 loan helped a member to buy more fresh fruits to resell and more chicken to fry and sell.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 5, 2013
Listed
Jun 7, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2013