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Mbinga Group
In this Group: Agatha, Mwangaza, Salma, Hawa, Anna, Stella, Furaha, Eva, Leila, Godfrey, Angella, Ismail, Mariam, Salome
Agatha is in her early thirties. She is married, with three children who are still going to school. She has been running a food vending business since 2005. She works from 5:00 a.m. to 2:00 p.m. daily and is able to make a good monthly profit.

This will be Agatha's first loan from Tujijenge Tanzania. She wants to use the loan to buy more rice, maize flour, baking flour, cooking oil, salt, onions and other goods. She dreams of building her own house.

Agatha will share this loan with her loan group Mbinga, which has 14 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
  • 19
    View loans »
    Tanzania Loans Fundraising
  • $14,347,475
    Funds lent in using Kiva
  • 1,615.7
    Tanzania Shillings (TZS) = $1 USD
Expired
A portion of Mbinga Group's $5,975 loan helped a member to buy more rice, maize flour, baking flour, cooking oil, salt and onions.
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 27, 2013
Listed
Sep 2, 2013
Currency Exchange Loss:
Possible
Expired:
Oct 2, 2013