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Tunaweza Mbagala Group
In this Group: Ramadhani, Mwanahawa, Mwanaidi, Sofia, Khadija
Ramadhani, who is in his early 40s, is married and has three children who are all still going to school. He has been running a general store business for three years now. He works from 6 am to 10 pm daily and is able to make a very good monthly profit.

This will be Ramadhani's 1st loan from Tujijenge Tanzania. He wants to use the loan to buy out of stock items for his store. He dreams of making his shop on the international level.

Ramadhani will share this loan with his loan group "TUNAWEZA MBAGALA" which has five 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
  • 39
    View loans »
    Tanzania Loans Fundraising
  • $14,787,550
    Funds lent in using Kiva
  • 1,614.0
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Tunaweza Mbagala Group's $4,650 loan helped a member to buy the out of stock items for his store.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 23, 2014
Listed
Feb 24, 2014
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2014