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Singida Group
In this Group: Mwanahamisi, Mary, Ramadhani, Lila, Albi, Jane
Mwanahamisi, who is in her late 40s, is single with three children. One of her children is in school and the other two have finished school. For seven years now, Mwanahamisi has been managing her family by running a restaurant. She works from 7 am to 5 pm daily and is able to make a good monthly profit.

This will be her fourth loan from Kiva partner, Tujijenge Tanzania. Mwanahamisi used her previous loans to replace old working equipment like a few tables and chairs. She also bought more stock of cooking supplies. With her profit, she bought a plot of land and paid for food expenses and school fees. Mwanahamisi will use this loan to buy new business tables, chairs and other working equipment. She dreams of improving her business, owning a house and owning a private car.

She will share this loan with her loan group SINGIDA, which consists of six 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.

About Tanzania

  • $1,700
    Average annual income
  • 15
    View loans »
    Tanzania Loans Fundraising
  • $14,466,375
    Funds lent in using Kiva
  • 1,603.5
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Singida Group's $2,450 loan helped a member to buy tables,chairs and other equipment.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 11, 2013
Listed
Dec 17, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2014