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Ulezi Group
In this Group: Devotha, Swaumu, Secilia, Amina, Shufa
Devotha, who is in her early 40s, is married with three children: two boys and one girl. All of them are still going to school. For three years now, she has been earning her living by running a grocery store. She works from 1 p.m. to midnight daily and is able to make a fair monthly profit.

This will be Devotha’s sixth loan from Tujijenge Tanzania. She used the previous loans to restock missing drinks and has paid back all her loans successfully. She used the profit to pay school fees and saved the rest in a bank. She will use this loan to restock the missing drinks in her grocery store. She is doing great. She dreams of owning a hardware shop.

Devotha will share this loan with her loan group, “Ulezi,” which has five members. The members 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

  • $1,700
    Average annual income
  • 34
    View loans »
    Tanzania Loans Fundraising
  • $14,395,500
    Funds lent in using Kiva
  • 1,612.9
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Ulezi Group's $2,175 loan helped a member to restock the missing drinks in her grocery store.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 5, 2013
Listed
Sep 13, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014