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Crane Group
In this Group: Amina, Cornel, Jafari, Sunday, Honorina, Perpetua, Rashid, Rehema, Preskus
Amina, who is in her late 20s, is married and has two children who are in school. Since 2006, Amina has been making her living by running two small businesses. She owns a genge business selling fruits and vegetables, and she also cooks bites like chapati and half cake with fresh juice. This business enables her to increase her income. Amina starts her business at 7:00 am and closes at 9:00 pm daily. She is able to make a small profit each month.
Amina is requesting a fifth loan from Tujijenge Tanzania. She will use this loan to buy fruits and vegetables and new clothes to resell. With her previous four loans, which she repaid in full, she was able to service her business with new food ingredients and fruits and vegetables. Amina thanks Kiva lenders for their support in improving her business. She managed to earn a profit which she used to cover school and household expenses. She dreams that one day, she will be able to expand her business to other areas and to increase her income.
Amina will share this loan with her loan group CRANE, which totals nine members. The members of the group 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
  • 19
    View loans »
    Tanzania Loans Fundraising
  • $14,473,050
    Funds lent in using Kiva
  • 1,621.5
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Crane Group's $3,000 loan helped a member to buy fruits and vegetables and new clothes to resell.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 12, 2014
Listed
Feb 24, 2014
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2014