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Lindi Group
In this Group: Mustafa, Raphia, Zedia, Asha, Mkombozi
Mustafa, who is in his late 40s, is married with five children, four of whom are still in school and the last one who is still small. He has been running a general store for three years now and is able to make a fair monthly profit.

This will be Mustafa's tenth loan from Tujijenge Tanzania. He used the previous loans to increase the shop inventory and also bought fast moving and up-to-date products. He is doing very well. He says he is happy and appreciates the loan. He has paid back all his loans successfully. He used the profit to pay for school, cover household expenses and to buy a TV set, a good music system, sofa sets, mattresses, beds and started building his house. He will use this loan to restock items in his general store like food, drinks, soap, and other popular products. He dreams of finishing building his house.

Mustafa will share this loan with his loan group "Lindi" which has five 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.

About Tanzania

  • $1,700
    Average annual income
  • 8
    View loans »
    Tanzania Loans Fundraising
  • $14,096,650
    Funds lent in using Kiva
  • 1,603.5
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Lindi Group's $1,550 loan helped a member to restock items in his general store like food, drinks, soap, and other popular products.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 30, 2013
Listed
Nov 7, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014