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Wang'ae Group
In this Group: Protas, Fatihia, Salum, Stanley, Tina, Mohamedi, Mwinchumu, Hamis, Nassoro, Anna, Wiltos, Solomoni, Kadiri, Mwajuma
Protas, who is in his early 30s, is married and has two children, who are in school. For five years Protas has been running a butcher shop, selling beef. He starts working at 6:00 AM and closes at 6:00 PM daily, and he is able to make a fair return per month.

This will be Protas's 12th loan from Tujijenge Tanzania. He will use it to buy more meats to sell at his shop. He used his previous loans, both to buy more meat and to equip himself to begin slaughtering animals at his own place. He has managed to repay all of his previous loans, successfully. He is doing great in his butcher shop.

With the business profit he expects to earn, Protas will cover school fees, home expenses, and start building a house. Protas dreams that one day, he will be able to buy more cows from different up-countries. He will share this loan with his loan group, Wang'ae, which is comprised of 14 members. The members will hold each other accountable for paying back the group's 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
  • 41
    View loans »
    Tanzania Loans Fundraising
  • $14,779,225
    Funds lent in using Kiva
  • 1,613.1
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Wang'ae Group's $2,900 loan helped a member to buy more meat to sell at his butcher shop.
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