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Serakazi Group
In this Group: Jackson, Alice, Mayasa, Hawa, Halima, Sadru, Mariam, Erinest, Melkiory, Bosco
Jackson, who is in his mid 30s, is married with two children who are still at school. He has had several businesses like selling local eggs, chicken, chips and food since 2003. He works from 6 a.m. to 10 p.m. daily and is able to make a very good monthly profit.

This will be Jackson's 10th loan from Tujijenge Tanzania. He used the previous loans to buy food cooking supplies, a fridge, a deep freezer, Irish potatoes and cooking oil. He has paid back all his loans successfully. He appreciates the loan. He used the profits to pay school fees, cover household expenses, bought a sofa set and built his house. He will use this loan to buy soft drinks, cooking oil and Irish potatoes. He dreams of being a successful business man.

Jackson will share this loan with his loan group "SERAKAZI," which has ten members who 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

  • $1,900
    Average annual income
  • 44
    View loans »
    Tanzania Loans Fundraising
  • $15,319,500
    Funds lent in using Kiva
  • 1,613.0
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Serakazi Group's $5,525 loan helped a member to buy soft drinks, cooking oil and Irish potatoes.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Jan 8, 2014
Jan 11, 2014
Currency Exchange Loss:
May 17, 2014