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Bahari Group
In this Group: Vang, John, Christina, Consolatha, Janeth, Mayasa, Lucy, Zainabu
Vang is in his early 20s and is single. He makes his living by running a barbershop. He has been in this enterprise for two years and he opens his shop from 07 am to 10 pm every working day. Vang is able to generate a fair monthly profit. He is a good shaver and hair cut designer.

This is his second loan request from Tujijenge Tanzania, which he will use to buy a special shaving machine for his barbershop. He used the previous loan to buy barbershop equipment. Vang repaid the entire previous loan successfully. He used his profit to cover his rent and food. He dreams that one day he will be able to buy a plot of land where he will build a house.

Vang will share this loan with his loan group" Bahari", which totals eight 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.

About Tanzania

  • $1,700
    Average annual income
  • 10
    View loans »
    Tanzania Loans Fundraising
  • $14,086,575
    Funds lent in using Kiva
  • 1,627.3
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Bahari Group's $1,900 loan helped a member to buy a special shaving machine for his barber shop.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 5, 2014
Listed
Mar 8, 2014
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2014