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Kondoa Group
In this Group: Hidaya, Ledina, Foibe, Peter, Tumaini, Monica, Rose, Isabela, Maonyesho, Saje, Julia
Hidaya, who is in born late 1960s, is married with two sons and two daughters. Hidaya's children are in school. Since 1983, Hidaya has been running a restaurant business where she sells breakfast and lunch foods. She is doing great in her family and business as well. Hidaya starts working from 6 a.m. to 6 p.m. daily, and is able to make a fair monthly profit.

This will be her 10th loan request from Tujijenge Tanzania. She used her previous loans to buy new business chairs, tables, and more food cooking supplies. Hidaya is also managed to increase the food services in her restaurant, such as selling meat-soup in the morning.

She has paid back all her previous loans successfully. Hidaya has used her profit to build a house, and managed to put electricity, build other rooms at the back of her house for renting, and buy home fridge, TV, and blender for juice making. Hidaya will use this loan to restock more food cooking supplies. She dreams to own a retail shop.

She will share this loan with her loan group, Kondoa, which consists of 11 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
  • 20
    View loans »
    Tanzania Loans Fundraising
  • $14,351,775
    Funds lent in using Kiva
  • 1,609.5
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Kondoa Group's $4,350 loan helped a member to restock more food cooking supplies for her restaurant.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 7, 2013
Listed
Oct 14, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2014