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Magereza Group
In this Group: Amina, Nuru, Amina, Hadija, Ana, Kornel, Grace, Peter, Prosper
Amina, who is in her late 20s, is married with a son who is in school. For five years now, Amina has been managing her family expenses by having a water distribution service. She owns water wells where she uses pumping machines to get water. She works from 6 am to 9 pm daily and is able to make a good return every month. This is Amina's second loan request form Tujijenge Tanzania. She will use the loan to buy new pipes and clean her wells. With the previous loan, all of which was repaid successfully, she bought another pump to improve her water distribution services. She used her business profit to cover home expenses and school fees. Amina dreams that one day she will be able to improve her business. She will share this loan with her loan group "Magereza," which consists of 9 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

  • $1,900
    Average annual income
  • 46
    View loans »
    Tanzania Loans Fundraising
  • $14,804,600
    Funds lent in using Kiva
  • 1,617.1
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Magereza Group's $3,750 loan helped a member to buy new pipes and clean her wells.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 29, 2013
Listed
Aug 6, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014