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Jiungeni Group
In this Group: Zulfa, Elias, Ramadhani, Moses, Burton, Mohamed, Francis, Fidelis, Emmanuel
Zulfa is in her mid 30s, widowed with five children. Two of her children are grown-ups and three are still going to school. She has been buying broiler chicken which she fries and then sells. She works from 6:00 am to 6:00 pm daily and is able to make a small monthly profit.

This will be her sixth loan from Tujijenge Tanzania. She used the previous loans to buy more stock of chicken. She started with five pieces but now she can manage to buy thirty pieces. She has paid back all of her loans successfully. She used the profit to pay school fees and cover household expenses. She is doing fine and is happy with the loan which has helped her to make a living without a husband. She will use the loan to buy more chicken, cooking oil and charcoal for the business. Her dream is to one day build her own house.

Zulfa will share this loan with her loan group "Jiungeni" with nine 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.

Tags

About Tanzania

  • $1,900
    Average annual income
  • 38
    View loans »
    Tanzania Loans Fundraising
  • $14,799,775
    Funds lent in using Kiva
  • 1,614.5
    Tanzania Shillings (TZS) = $1 USD
Expired
A portion of Jiungeni Group's $3,350 loan helped a member to buy more chicken, cooking oil and charcoal for the business.
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 26, 2013
Listed
Sep 1, 2013
Currency Exchange Loss:
Possible
Expired:
Oct 1, 2013