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Khanga Group
In this Group: Veronika, Neema, Hadija, Saidi, Debora, Dismas, Chusi, Tabu, Prisca, Pili, Sikujua, Damalisi, Juma
Veronika, who is in her early 20s, is married with two children. One of the kids goes to school and the other one is still young. She has been a food vendor since 2008. She works from 6.00 am to 10.00 pm daily and is able to make a good monthly profit.

This will be Veronika's 1st loan from Tujijenge Tanzania, and she wants to use it to increase her food stock. She dreams of owning a hotel.

Veronika will share this loan with her loan group Khanga, which has thirteen 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
  • 128
    View loans »
    Tanzania Loans Fundraising
  • $14,498,850
    Funds lent in using Kiva
  • 1,638.6
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Khanga Group's $4,925 loan helped a member to buy more stocks of food to sell to more customers.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 17, 2013
Listed
Jun 19, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2013