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Pilika Pilika Group
In this Group: Patric, Husein, Heri
Patric, who is in his early 30s, is married with two children. One of his children goes to school and the other one is still small. He has been running a welding business where he makes metal things like gates, burglar proofs and beds. He also has a hardware shop. He has been in this business for eight years now. He works from 8am to 5pm daily and is able to make a very good monthly profit.

This will be his third loan from Tujijenge Tanzania. He used the previous loans to buy a pipe and an advanced welding machine. He has paid back all his loans successfully. He used the profits to pay for school fees and cover household expenses. He will use this loan to buy welding pipes, hardware, and to make metal beds.

He dreams of making his hardware shop big.

Patric will share this loan with his loan group "Pilika", and the three 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

  • $1,700
    Average annual income
  • 13
    View loans »
    Tanzania Loans Fundraising
  • $14,079,500
    Funds lent in using Kiva
  • 1,582.0
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Pilika Pilika Group's $1,525 loan helped a member to buy welding pipes, hardware stock and to make metal beds.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 26, 2013
Listed
Jan 2, 2014
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2014