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Imarika Group
In this Group: Cellina, Evelyne, Jane, Grace, Zenatha
Celina, who is in her early 50s, is married and has four children. Two of them have finished school, and the other two are still at school. Celina has been a food vendor for ten years. She works from 6:30am to 5:00pm daily, and she is able to make a good monthly profit.

This will be Celina’s first loan from Tujijenge Tanzania. She will use it to buy food supplies, to meet her customers' demand. She dreams of owning a hotel.

Celina will share this loan with her loan group, “Imarika,” which has a total of five members. They 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
  • 16
    View loans »
    Tanzania Loans Fundraising
  • $14,117,850
    Funds lent in using Kiva
  • 1,603.5
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Imarika Group's $4,075 loan helped a member to buy food supplies, to meed her customers' demand.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 6, 2013
Listed
Dec 12, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2014