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Majukumu Group
In this Group: Evergeline, John
Evergeline, who is in her late 30s, is single with one daughter who is still going to school. She has been selling different types of clothes for three years now. She works from 8 am to 8 pm daily, and is able to make a good monthly profit.

This will be Evergeline's second loan from Tujijenge Tanzania. She used the previous loan to increase the stock of clothing, and has paid back all her loans successfully.

She used the profit to cover household expenses and saved some in her bank account.

She will use this loan to buy clothes of different types to sell at Christmas time. She is so happy with the loan. She dreams of owning a big clothes shop.

Evergeline will share this loan with her loan group "MAJUKUMU"; the two members 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
  • 42
    View loans »
    Tanzania Loans Fundraising
  • $14,902,975
    Funds lent in using Kiva
  • 1,603.5
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Majukumu Group's $2,500 loan helped a member to buy clothes of different types to sell at Christmas time.
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:
Oct 17, 2014