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Mloganzila Group
In this Group: Sophia, Yasin, Lidya, Ramadhani, Agness, Shabani, William, Sia, John, Alfredy, Mariam
Sophia, who is in her early 30s, is a widow woman with four children still attending school. She is able to run her family through having two retail activities. One is fish selling, which starts early at 3:00 a.m., by Sophia traveling a distance to collect fresh fish; thereafter taking them for frying. After having completed the fish activity, she comes back home for selling them up until 3:00 p.m.

She also has a clothes business and sells door to door after the fish business time. She generally does her activities from 3:00 a.m. to 6:00 p.m. daily, and is able to make a fair profit per month.

This will be Sophia’s fourth loan from Tujijenge Tanzania. With the previous loans, all of which she paid back successfully, she managed to sell more fish and started her door-to-door clothes business. With the profit received, she bought a TV and solar power, and paid school fees and household expenses.

Sophia will use this loan to buy more fish to resell. Sophia dreams to one day be able to build a house for renting and to be in a good position for affording school expenses for her kids.

She will share this loan with her loan group" Mloganzila", 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.

Tags

About Tanzania

  • $1,900
    Average annual income
  • 39
    View loans »
    Tanzania Loans Fundraising
  • $14,787,550
    Funds lent in using Kiva
  • 1,631.5
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Mloganzila Group's $3,050 loan helped a member to buy more fish to resell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 27, 2013
Listed
Jul 4, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2014