Check out some available loans that are similar to this one!
Mistubishi Group
In this Group: Charles, Mwajuma
CHARLES who is in his late twenties is single with one child who is still small. He has been running a small general store for two years now. He works from 07am to 06pm daily and able to make a small monthly profit.

This will be CHARLES's 2nd loan from Tujijenge Tanzania. He used the previous loan to buy small items which are fast moving items like juice, sodas, biscuits, sweets, g.nuts, baobab seeds mixed with sugar,cigarettes,half cakes and water. He has paid back his loan successfully. He used the profit for household expenses. He will use this loan to restock the out of stock items in his small shop. He dreams of building his own house.

CHARLES will share this loan with his loan group "MISTUBISHI" with two 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

  • $1,700
    Average annual income
  • 19
    View loans »
    Tanzania Loans Fundraising
  • $14,473,050
    Funds lent in using Kiva
  • 1,636.5
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Mistubishi Group's $725 loan helped a member to restock the out of stock items in his small shop.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 25, 2014
Listed
Mar 31, 2014
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2014