Check out some available loans that are similar to this one!
Athuman Magesa"s Manyara Group
In this Group: Athuman, Marietha, Rajab, Habiba, Rehema
Athuman M., 40, is married and has four children (ages 16, 12, 8, and 3). He has a charcoal business which he started in 1998. He works from 7am to 6pm daily and is able to make a monthly profit of around $172.


Athuman has taken out three previous loans from Tujijenge Tanzania, which he paid back successfully. He is now selling both wholesale and retail. He now hopes for a new loan to increase his stock. Athuman will share this loan with his Manyara subgroup members, who have businesses selling clothes or as food venders. Members of Manyara guarantee the repayment of loans for each other.


In the picture, Athuman is in the white shirt on the right.

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
  • 34
    View loans »
    Tanzania Loans Fundraising
  • $14,512,850
    Funds lent in using Kiva
  • 1,204.5
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Athuman Magesa"s Manyara Group's $1,600 loan helped a member to increase stock.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Oct 23, 2008
Listed
Oct 9, 2008
Currency Exchange Loss:
Covered
Ended:
Mar 16, 2009