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Kijichi Group
In this Group: Martina, Nives, Martha, Jesca, Regina
Martina, who is in her late 20s, is single with a daughter who is in school. For one year now, she has been running a grocery business offering drinks like water, beers, spirits, soda, juice, etc.

Martina, one year before her business started-up, was employed in someone's grocery where she saved some money to start her own.

She is also looking forward to expanding her business by selling bites like fried chickens, roast meat, and chips. She starts working from 11 a.m. to mid-night daily and is able to make a very good return per month.

This will be her first loan request from Tujijenge Tanzania, which she will use to restock more grocery drinks and expand her business by selling bites like fried chicken, roast meat, and chips.

Martina dreams that one day she will be able to open a big grocery(Bar).

She will share this loan with her loan group, Kijichi. which totals five 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

  • $1,900
    Average annual income
  • 39
    View loans »
    Tanzania Loans Fundraising
  • $14,804,600
    Funds lent in using Kiva
  • 1,613.5
    Tanzania Shillings (TZS) = $1 USD
Expired
A portion of Kijichi Group's $4,050 loan helped a member to restock more grocery drinks and expand her business by selling bites like fried chicken, roast meat, and chips.
Repayment Term
10 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Aug 30, 2013
Listed
Sep 9, 2013
Currency Exchange Loss:
Possible
Expired:
Oct 9, 2013