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Makongo Kk Group
In this Group: Tosigwegwe, Abiudi, Felista, Fransisca, Paulo, Jummanne, Hadija
Tosigwegwe, who is in her early 40s, is a widow with four children who are still in school. She has been running different types of businesses. She sells clothing and bites made from baking flour; she also has a motorcycle transport business. Tosigwegwe has been operating these businesses for three years. She works from 8 a.m. to 9 p.m. daily and is able to make a good monthly profit.

This will be Tosigwegwe's 10th loan from Tujijenge Tanzania. She used the previous loan to make bites to meet her customers' demand and to buy clothes and a motorcycle which supports her financially. Being a widow, Tosigwegwe is really happy with the loans which have made her family earn a good living. She has managed to repay all her loans successfully. Tosigwegwe used the profit to pay school fees and to cover household expenses. She will use this loan to make bites and to buy clothes and spare parts for the motorcycle. She dreams of building her own house.

Tosigwegwe will share this loan with her loan group "MAKONGO KK" which consists of seven members who will hold each other accountable for repaying 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
  • 14
    View loans »
    Tanzania Loans Fundraising
  • $14,117,850
    Funds lent in using Kiva
  • 1,606.5
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Makongo Kk Group's $2,850 loan helped a member to make bites and to buy clothes and spare parts for the motorcycle.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 5, 2013
Listed
Dec 9, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014