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Waaminifu Group
In this Group: Mariam, Asha
Mariam, who is in her mid-twenties, is married and has children who are in school. For three years, Mariam has had a shop selling different items like soaps, airtime, maize flour, sodas, and juices. Her shop is open from 8am to 10pm daily and is able to make a fair monthly profit.

Mariam is requesting her fourth loan from Tujijenge Tanzania. She used her previous loans to add stock to her shop, and all were paid back successfully. Mariam is doing well and thanks those who have supported her group. She used her business profits to meet her family's needs, like food and health care.

Mariam will use this loan to buy new stock for her shop. She dreams that one day she will be able to build a nice family house. Mariam will share this loan with her loan group "WAAMINIFU," which totals two 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
  • 31
    View loans »
    Tanzania Loans Fundraising
  • $14,365,675
    Funds lent in using Kiva
  • 1,625.5
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Waaminifu Group's $1,975 loan helped a member to buy new stock for her shop.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 20, 2014
Listed
Feb 24, 2014
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2014