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Majukumu Group
In this Group: Evergeline, John, Abdul, Amina, Saida
Evergeline is in her early 30s, single and the mother of two children, one of whom attends school. For nine years now, she has been managing two activities: a restaurant and selling home utensils like pans, plates, bowls, cups etc. She is doing fine in her projects, and works from 6:00 am to 8:00 pm. This is her first loan request, which she will use to buy food and home utensils to resell. She plans on expanding her business in the future. Evergeline will share this loan with her group, Majukumu, which has five members, who will hold each other accountable for paying back this 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
  • 38
    View loans »
    Tanzania Loans Fundraising
  • $14,894,575
    Funds lent in using Kiva
  • 1,615.5
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Majukumu Group's $4,350 loan helped a member to buy more food and home utensils to resell.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 14, 2013
Listed
Sep 15, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014