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Protea Group
In this Group: Theresia, Mwanamvua, Mwanaid, Sabrina, Kadogo, Juma, Rukia, Tunu, Alawi
THERESIA, who is in her late 40s, is married with five children who are grown-ups. She has been operating two businesses, selling fruits and vegetables as well as dresses. She has been in this business since 2000. She works from 5 a.m. to 4 p.m. daily and is able to make a good monthly profit.

This will be THERESIA's fourth loan from Tujijenge Tanzania. She used the previous loans to start selling dresses and to restock items in her fruits and vegetable business. She has paid back all her loans successfully. She used the profits to pay for food and household expenses. She will use this loan to buy more fruits and vegetables as well as dresses and to start selling rice and sugar. She dreams of opening a big shop where she can sell the same items.

THERESIA will share this loan with her loan group, "PROTEA," which includes 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.

About Tanzania

  • $1,700
    Average annual income
  • 16
    View loans »
    Tanzania Loans Fundraising
  • $14,466,375
    Funds lent in using Kiva
  • 1,615.7
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Protea Group's $3,250 loan helped a member to buy more fruits, vegetables and dresses and to start selling rice and sugar.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 28, 2013
Listed
Sep 3, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014