Check out some available loans that are similar to this one!
Mikoroshini-1A Group
In this Group: Rose, Rose, Juma, Shida, Thomas, Ester
Rose, a single woman with a son who is in school, has been running a mamalishe business, offering food services and soft drinks for five years now. Rose, who is in her mid-30s, works from 5am to 10pm daily and is able to receive a good profit per month.

This is Rose's tenth loan request with Tujijenge Tanzania which she will use to start selling beers. With the previous loans, all of which she managed to pay back successfully, she bought food-cooking items, like some kilos of rice, meat, tomatoes, onions, cooking oil, and flour. She replaced the old business equipment, like a gas stove instead of charcoal, and she bought chairs, tables, a refrigerator, and a TV.

The profit generated from her business will be used to cover more school fees and home expenses. Rose also started building a house. She dreams that, one day, she will be able to finish building her family house.

Rose will share this loan with her loan group, Mikoroshini-1A Group, which totals six 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
  • 39
    View loans »
    Tanzania Loans Fundraising
  • $14,787,550
    Funds lent in using Kiva
  • 1,617.5
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Mikoroshini-1A Group's $2,600 loan helped a member to start selling beers.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 30, 2013
Listed
Aug 7, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2014