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Rukwa Group
In this Group: Sarah, Maulid
Sarah is a single woman with a boy who is still a baby. She is in her mid-twenties, running a business selling home products such as plates, spoons, source pans, bowls, cups, and other dishes. She has worked at this business for three years now. Sarah works from 10 AM to 8 PM per working day and is able to make a fair return per month.

This will be her sixth loan from Tujijenge Tanzania. With the previous loans, all of which she managed to pay back successfully, Sarah restocked her business with more kitchen dishes. Sarah's business profit is used to cover household expenses, reinvested back to business, and saved into her bank account. She will use this loan to restock more home dishes to resell. Sarah dreams of building a house.

She will share this loan with her loan group "Rukwa" which totals two 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
  • 33
    View loans »
    Tanzania Loans Fundraising
  • $14,374,700
    Funds lent in using Kiva
  • 1,607.5
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Rukwa Group's $1,375 loan helped a member to restock more home dishes to resell.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 22, 2013
Listed
Oct 30, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014