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Jipemoyo Group
In this Group: Christiner, Simon
Christiner, who is in her early 40s, is single and has a boy and five girls who are in school. Christiner currently own a fresh water fish and alcohol drinks business. She has been in these businesses for ten years and works from 7 a.m. to 10 p.m. per working day. Her projects are doing good and she is able to generate a good monthly profit.

This is Christiner's 10th loan request from Tujijenge Tanzania. She used the previous loans to restock the fish business to meet her clients' demands. Currently her fish business has grown and she is able to earn extra money to meet her family's needs easier. She has managed to pay back all of her previous loans successfully. With the profit she received, Christiner covered her school fees, family food, shelter and medical expenses. She also ploughed back into her businesses to grow. With this new loan, she will buy stock of fishes and drinks for selling in her business. She dreams to open a big shop selling drinks.

Christiner will share this loan with her loan group" JIPEMOYO," which consist of 2 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.

Tags

About Tanzania

  • $1,900
    Average annual income
  • 43
    View loans »
    Tanzania Loans Fundraising
  • $14,902,975
    Funds lent in using Kiva
  • 1,613.0
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Jipemoyo Group's $2,050 loan helped a member to buy business stock of fishes and drinks for selling.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 6, 2014
Listed
Jan 11, 2014
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2015