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Compressor Group
In this Group: Nasra, Mwanahamis, Latifa, Salome, Ester, Anna, Sarah, Janny, Zaitun, Catherine, Amina, Yolanda, Khadija
Nasra is in her late 30s and is married with two children who are still in school. She has been running several businesses. She has a food shop and also sells charcoal and drinking water. She has been in her business since 2008. She works from 6:00 a.m. to 8:00 p.m. every working day and is able to make a very good monthly profit.

This will be her eighth loan request from Tujijenge Tanzania. With her previous loans, all of which were paid back successfully, Nasra used the funds to buy a sack of charcoal and two water storage tanks for storing water for sale, and to restock products for her shop. Nasra is doing great with her business and family. She is happy with Tujijenge products because they are so convenient. With this loan, Nasra will buy a sack of charcoal, dry food for the shop and water to resell. She dreams that one day will be able to build a house.

Nasra will share this loan with her loan group, Compressor, which totals 13 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

  • $1,700
    Average annual income
  • 35
    View loans »
    Tanzania Loans Fundraising
  • $14,522,875
    Funds lent in using Kiva
  • 1,603.5
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Compressor Group's $5,200 loan helped a member to buy a sack of charcoal, buy dry food for the shop and water to resell.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 16, 2013
Listed
Dec 22, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2014