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Mabomba Mengi Group
In this Group: Victoria, Hassan, Elizabeth, Nuru, Juma, Balozi, Mwanaisha, Safina, Dativa
Victoria, who is married with four children, is running a business selling different drinks such as beers, sodas, juices, and spirits for five years now. She is in her early 40s and doing great in her business. She works from 4 p.m. to midnight daily and is able to make a good profit per month.

This will be Victoria's fifth loan request, which she will use to replenish her stock of beer, wine, water and juice to resell. She used her previous loans to buy a motorcycle, a freezer, and more business chairs.

With the business profit earned, she bought house utensils and a fridge, renovated her house, bought new iron sheets, and paid for home expenses. Victoria's dream is to buy a car of her own.

She will share this loan with her loan group, Mabomba Mengi, which consist of nine 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
  • 14
    View loans »
    Tanzania Loans Fundraising
  • $14,466,375
    Funds lent in using Kiva
  • 1,616.5
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Mabomba Mengi Group's $3,400 loan helped a member to replenish her stock of beer, wine, water, and juice to resell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 27, 2013
Listed
Sep 1, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014