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Uzinduzi Group
In this Group: Mashaka, Rehema, Sophia, Sembuli, Mary
Mashaka, who is in her late 20s, is married with one son who is still small. She has been running a beauty salon for two years now. She works from 09am to 07pm daily and is able to make a good monthly profit.

This will be Mashaka's 2nd loan from Tujijenge Tanzania. She used the previous loan to restock the missing salon equipment in her salon. She is doing fine and was happy with the loan. She has paid back all of her loan successfully. She used the profit to cover household expenses and to take care of her child. She will use this loan buy more and advanced salon equipment. She dreams of owning an international salon.

Mashaka will share this loan with her loan group, Uzinduzi, 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.

Tags

About Tanzania

  • $1,700
    Average annual income
  • 39
    View loans »
    Tanzania Loans Fundraising
  • $14,311,200
    Funds lent in using Kiva
  • 1,608.5
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Uzinduzi Group's $1,450 loan helped a member to buy more and advanced salon equipment.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 21, 2013
Listed
Nov 26, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014