Check out some available loans that are similar to this one!
Mclaren Group
In this Group: Hadija, Yasinta, Magdalena, Calister, Beatrice, Marick, Cecilia, Rehema, Erica, John
Hadija, who is in her mid 40s, is single with two children, a boy and a girl who are enrolled in school. For twenty years now, Hadija has been running two businesses, a mamalishe (restaurant), offering different food services, and also a poultry business using local chickens which she grows herself. Hadija sells these chickens in two forms: chicks and big chickens. She works from 5:00 a.m. to 11:00 p.m. daily and is able to earn a good profit per working day.

From Tujijenge Tanzania, this is Hadija's first loan request. She will use the loan to buy chicken food and mamalishe food cooking items (charcoal, cooking oil, maize flour, baking flour, etc.). She dreams that one day, she will be able to build a café.

Hadija will share this loan with her loan group, “Mclaren", which consist of ten 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.

Tags

About Tanzania

  • $1,700
    Average annual income
  • 23
    View loans »
    Tanzania Loans Fundraising
  • $14,498,850
    Funds lent in using Kiva
  • 1,618.5
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Mclaren Group's $5,975 loan helped a member to buy chicken food and mamalishe food cooking items (charcoal, cooking oil, maize flour, baking flour, etc.).
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 22, 2013
Listed
Aug 29, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014