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Kwa Ndevu Group
In this Group: Fatuma, Ester, Cecilia, Grace
Fatuma, who is in her mid 30s, is married and the mother of two children, both of whom are enrolled in school. For the last 11 years, she has had a tailoring business and a shop where she sells clothes. She works from 8 a.m. to 6 p.m. daily and is able to make a good monthly profit. She lives in Tujijenge Tanzania, and this is her second loan request. She will use the loan to buy materials to make more clothes and buy more sarongs to resell. Fatuma used her previous loans to buy more tailoring materials, fabrics and sarongs and paid back all her loans successfully. She used the profit to help pay school fees and household expenses. She dreams of improving and upgrading her shop. Fatuma will share this loan with her group Kwa Ndevu, which has four members who 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
  • 42
    View loans »
    Tanzania Loans Fundraising
  • $14,890,150
    Funds lent in using Kiva
  • 1,608.5
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Kwa Ndevu Group's $5,300 loan helped a member to buy materials to make more clothes and buy more sarongs to resell.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 8, 2013
Listed
Oct 16, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2014