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Upendo-Oysterbay Group
In this Group: Hassani, Sarah, Egla, Scola, Stella, Rehema, Lydia, Imakulata, Helena, Elizabeth, Fatuma, Agnes
Hassani, who is in his late 20s, is married with two kids - a boy and a girl who are in school. For six months now, Hassani has been running a shop selling rice, cooking oil, maize and baking flour, soaps, kerosene, water, soda, juices and other consumable and durable items. He works from 6am to 10pm daily and is able to make a fair return per month.

This will be his first loan request from Tujijenge Tanzania, which he will use to buy more food items, sacks of rice, cooking oil, maize flour, and sodas. Hassani dreams that one day he will be able to open a wholesale shop. Hassani will share this loan with his loan group "Upendo-Oysterbay" which has 12 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
  • 50
    View loans »
    Tanzania Loans Fundraising
  • $15,321,450
    Funds lent in using Kiva
  • 1,616.5
    Tanzania Shillings (TZS) = $1 USD
A portion of Upendo-Oysterbay Group's $4,625 loan helped a member to buy more food items: sacks of rice, cooking oil, maize flour, sodas.
Repayment Term
13 months (Additional Information)
Repayment Schedule
Aug 27, 2013
Sep 2, 2013
Currency Exchange Loss:
Oct 2, 2013