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Red Rose Group
In this Group: Rabeninsia, Mohamed, Sabitina, Maria, Juliana, Yusuph, Neema, Flora, Elizabeth, Babuelly, Zakia, Shahiri, Grace
Rabeninsia, who is in her late 30s, is married with three children who are still going to school. She has been running a general store since the year 2000. She works from 6:00 am to 1:00 am (after mid-night) per working day and she is able to make a good monthly profit.

This will be her 16th loan from Tujijenge Tanzania. She used the previous loans to expand the retail shop until it is now a really big shop. She started selling cold drinks in the same shop and other different items like mosquito sprays, cigarettes, soaps etc. She has paid back all her loans successfully. She used the profit to build her own house, paid school fees and helped her husband with household expenses.She will use this loan to restock the missing items in the shop inventory. She dreams of opening a hardware shop.

Rabeninsia will share this loan with her loan group "Red Rose" which consist of 13 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
  • 44
    View loans »
    Tanzania Loans Fundraising
  • $14,804,600
    Funds lent in using Kiva
  • 1,618.5
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Red Rose Group's $5,200 loan helped a member to restock the missing items in the shop inventory.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 21, 2013
Listed
Aug 29, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014