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Temboni Group
In this Group: Oliver, Lucy, Joyce, Faraja, Anna
Oliver, who is is in her late 30s, is widowed with three daughters. Oliver's children are enrolled in school. For two years now, she has been managing her life by running two businesses. Her retail shop sells dry food items like flour, rice, airtime, cooking oil, etc. She also manages a poultry business. She works from 7 am to 8 pm daily and is able to make a good returns every month.

This will be her second loan request from Tujijenge Tanzania. She used her previous loans to maintain and replace her retail shop inventory and has paid back her entire previous loan successfully . She will use this loan to buy more chicks and increase stock items in the shop. With the profit earned, she paid school fees and managed to cover household expenses. Oliver's dreams to own a bid business in future.

She will share this loan with her loan group "TEMBONI," 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.

About Tanzania

  • $1,700
    Average annual income
  • 24
    View loans »
    Tanzania Loans Fundraising
  • $14,498,850
    Funds lent in using Kiva
  • 1,615.5
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Temboni Group's $4,700 loan helped a member to buy more chicks and increase stock items in the shop.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 5, 2013
Listed
Sep 14, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014