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Aleta Group
In this Group: Sairisi, Yakuni, Mariam, Mwanaheri*, Siwema, Stella, Hadija, Hadija, Jema, Ikinini, Wanora, Ahmed, Amina, Fatuma, Rehema
* not pictured
SAIRISI, who is in her early 20s, is single with two children who are still small. She has been selling shoes, women's bags and clothes door to door. SAIRISI is an orphan and so she started business when she was fifteen years old. She works from 3pm to 6pm daily, just four hours after being finished with her house activities, like cooking for her kids, fetching water and other chores. With this time, Sairisi is able to make a good monthly report.

This is her second loan from Tujijenge Tanzania. She used her previous loan to buy more shoes, women's bags and clothes for her business. She has paid back successfully her previous loan. She is really working hard. She used her business profit to cover household expenses, and part of it was saved and plowed back into her business. Sairisi will use this loan to buy shoes, bags, earrings and make-up to meet her customers' demands. She dreams that one day she will be a successful businesswoman with a big shop.

She will share this loan with her loan group "ALETA" which totals 15 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
  • 46
    View loans »
    Tanzania Loans Fundraising
  • $14,890,150
    Funds lent in using Kiva
  • 1,603.5
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Aleta Group's $3,850 loan helped a member to buy shoes, bags, earrings and make-up to meet her customers' demands.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 16, 2013
Listed
Dec 20, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2014