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Peacock Group
In this Group: Epimack, Matilda, Helena, Pendo, Aisha, Rhoda, Heavenlighty
Epimack, who is in his mid 30s, is married with two children who are still going to school. He has been running a GengeDuka (a retail shop selling fruits and vegetables) and in the same shop, he sells sugar, salt, beans, maize flour, cooking oil, cigarettes, baking flour, etc. He works from 5 am to mid-night daily and is able to make a fair monthly profit.

This will be Epimack's seventh loan from Tujijenge Tanzania. He used the previous loans to open the fruits and vegetables shop. He continued to increase his business stock whenever he got a new loan. He is doing great. He has paid back all his loans successfully. He used the profit to buy a radio and TV set, build a small house, pay household expenses and school fees. He will use this loan to buy more fruits, vegetable and dry foods like sugar, beans, maize flour, baking flour etc. He dreams of having a big shop to sell the same items in big qualities.

Epimack will share this loan with his loan group "Peacock", which has seven 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
  • 98
    View loans »
    Tanzania Loans Fundraising
  • $14,502,950
    Funds lent in using Kiva
  • 1,615.7
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Peacock Group's $3,975 loan helped a member to buy more fruits, vegetables, sugar, beans, maize flour, baking flour etc.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 27, 2013
Listed
Sep 2, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014