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Tusisumbuane Group
In this Group: Nyaskira, Veronica, Kaja , Asha
Nyaskira, who is in her late 30s, is married with three sons and two daughters who are in school. For 12 months now, Nyaskira has been engaged with entrepreneurial activities where she sells small dry fish commonly known as dagaa in Tanzania. She started this business with a small amount of capital, but she keeps reinvesting her profits to increase her business. She works from 7am to 4pm daily and is able to make a good monthly profit.

This will be her first loan request from Tujijenge Tanzania. She will use the loan to buy more dagaa to meet high demand. Nyaskira dreams to improve her family's standard of living and the business. She will share this loan with her loan group, "TUSISUMBUANE", which totals four 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.

Tags

About Tanzania

  • $1,900
    Average annual income
  • 43
    View loans »
    Tanzania Loans Fundraising
  • $14,807,750
    Funds lent in using Kiva
  • 1,609.5
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Tusisumbuane Group's $1,450 loan helped a member to buy more dagaa (fish) to meet high demand.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 25, 2013
Listed
Nov 30, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2014