Check out some available loans that are similar to this one!
Riziki Group
In this Group: Helena, Rashidi, Filipina, Adam, Elisi, Ester, Tomlesia, Fredrick, Gabriel, Asia, Hamadi
Helena, who was born late 1970s, is married with four children, all of whom are in school. For twelves years now, Helena has been running a genge-duka business selling fruits and vegetables and sweets, maize flour, baking flour, soaps of different kinds, etc. She sells all of these items at the same shop. Helena works from 6am to 10pm daily and is able to earn a small profit per month.

This will be her 15th loan request from Tujijenge Tanzania. Helena used her previous loans to restock more genge-duka items and has paid back all her previous loans successfully. With the profit earned, she has covered school fees, household expenses and bought a plot of land where she built a house. She also added another room. Helena will use this loan to restock more on her genge-duka items (fruits, vegetables, sweets, maize flour, baking flour ,etc). Helena dreams that one day she will be in a position to do international business.

Helena will share this loan with her loan group" riziki " which has 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.

About Tanzania

  • $1,700
    Average annual income
  • 119
    View loans »
    Tanzania Loans Fundraising
  • $14,502,950
    Funds lent in using Kiva
  • 1,613.1
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Riziki Group's $2,375 loan helped a member to restock more on her genge-duka items (fruits, vegetable, sweets, maize flour, baking flour, etc.).
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 20, 2013
Listed
Aug 27, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2014