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Minazini Group
In this Group: Amina, Regina, Chiku, Eva, Monica
Amina, who is in her mid 40s, is married with three children who are still going to school. She has been having several businesses, selling clothes, cooking oil and traditional chicken since 2001. She works from 6:00 a.m. to 8:00 p.m. daily and is able to make a good monthly profit.

This will be Amina's seventh loan from Tujijenge Tanzania. She used the previous loans to buy more jerrycans of cooking oil and bought more chicken and chicks. She has paid back all her loans successfully. She used the profit to pay school fees, bought a plot of land, bought a mattress and covered household expenses. She will use this loan buy more chicks for broilers. She dreams of building her own house.

Amina will share this loan with her loan group, "Minazini," with five 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
  • 34
    View loans »
    Tanzania Loans Fundraising
  • $14,395,500
    Funds lent in using Kiva
  • 1,613.5
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Minazini Group's $2,000 loan helped a member to buy more chicks for broilers.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 30, 2013
Listed
Sep 6, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014