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Changandevu Group
In this Group: Loyce, Nasmin, Sikudhani, Feda, Hawa, Catherine, Rehema, Kuruthumu, Severa, Lukia, Saida, Zuena, Serina, Joyce, Asha, Agnes
Loyce, who is in her early 40s, is married with one son who is still going to school. She has been a food vendor for one year now. She works from 6:00 am to midnight daily and is able to make a good monthly profit.

This will be Loyce's 1st loan from Tujijenge Tanzania, which she wants to use for buying new plates and chairs, and to buy missing items in the food store. She dreams of owning a big hotel.

Loyce will share this loan with her loan group "Changandevu" with sixteen members who 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
  • 14
    View loans »
    Tanzania Loans Fundraising
  • $14,117,875
    Funds lent in using Kiva
  • 1,618.1
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Changandevu Group's $2,850 loan helped a member to buy new plates and chairs, and to buy missing items in the food store.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 6, 2013
Listed
Aug 17, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2013