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Nissan Group
In this Group: Secilia, Mariam, Neema, Zaina, Maida, Mwanakombo
Secilia, who is in her early 30s, is single with a boy who is in school. For three years now, she has been managing her family food expenses by running two activities: a motorbike for transportation and tailoring. Secilia, who is a tailor, is also training students how to design and make clothes. She works from 8:00 am to 7:00 pm each working day and is able to make a fair monthly profit.

This will be Secilia's third loan from Kiva partner Tujijenge Tanzania. She used her previous loans to expand her portfolio by starting a motorcycle business for transportation and purchasing missing tailoring materials and one business machine. She has managed to pay back all her previous loans successfully. Secilia used her business profit to cover school fees, household expenses and reinvested back to her business. She will use this loan to increase on business materials. She dreams of opening a shop selling tailoring materials.

Secilia will share this loan with her loan group “Nissan” which consists of 6 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
  • 39
    View loans »
    Tanzania Loans Fundraising
  • $14,787,550
    Funds lent in using Kiva
  • 1,603.5
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Nissan Group's $4,125 loan helped a member to increase on business materials.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 6, 2013
Listed
Nov 11, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014