Rehema, who is a member of Azizi Group, is married and lives with her husband. Together, they are blessed with four children: three sons and a daughter. Her three children are enrolled in school while one is still a baby. Rehema, who is in her late 30's, is running a Mama Lishe business offering food services like breakfast and lunch. She starts working from 6am to 2pm daily and is able to earn a good profit per month. This will be her ninth loan request from Tujijenge Tanzania. She used the previous loans to buy more cooking items and replaced the old business equipments with new one like chairs, cooking pans and plates. She has repaid all her previous loans successfully. With the profit received she covered home expenses and school fees. She will use this loan to buy soft drinks to resell. She dreams that one day will be able to build a nice house and provide a better education to her children. She will share this loan with her loan group "Azizi," which totals 10 members, who will hold each other accountable for paying back the loan.
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.
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.