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Londa Group
In this Group: Hidaya, Justine, Severin, Athumani, Yasini, Paschal, Yasin, Stumai, Donatha, Florah, Sabina, Sakina, Hodida, Justina, Yudesi, Martha, Zena, Ernest
HIDAYA, who is in her early 40s, is married, living together with her husband, and blessed with four children. Two of the children are in school. For seven years now, HIDAYA has had a business selling cold drinks like beers, soft one:sodas, juices and water. She works from 3 p.m. to 10 p.m. daily and is able to make a fair profit per month.

This will be her first loan from Tujijenge Tanzania. She will use this loan to buy more beers, sodas, juices and water to improve her drinks business. HIDAYA dreams that one day she will be able to build a shop and open a charcoal business. She will share this loan with her loan group "LONDA" which totals 18 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
  • 41
    View loans »
    Tanzania Loans Fundraising
  • $14,890,150
    Funds lent in using Kiva
  • 1,616.5
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Londa Group's $3,750 loan helped a member to buy more beers, sodas, juices and water to improve her drinks business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 29, 2013
Listed
Sep 3, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014