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Juu Kwa Juu Group
In this Group: Victor, Hamisi, Hamisi, Robeti, Boniventure, Elson, Jires, Emanuely, Elisalia, Aggrey, Tumaini
Victor, who is married with four children who are in school, has been running a stationery business since 2002. Victor, who was born in the late 1960s, is working hard to see his business success. He starts working from 7 a.m. to 7 p.m. and is able to make a good profit per month.

This will be his second loan request from Tujijenge Tanzania. He used his previous loan to buy missing stationery products so as to meet his client demand. He has paid back the entire loan successfully. With the business profit, he finished building his house and covered school fees and home expenses. Victor will use this loan to replenish more items in his business. He dreams to buy a transportation bus.

Victor will share this loan with his loan group, JUU KWA JUU, which totals 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
  • 14
    View loans »
    Tanzania Loans Fundraising
  • $14,466,375
    Funds lent in using Kiva
  • 1,608.5
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Juu Kwa Juu Group's $4,375 loan helped a member to replenish more items in his stationery business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 22, 2013
Listed
Oct 30, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014