Check out some available loans that are similar to this one!
Florida B Group
In this Group: Ruth, Anjela, Hidaya
Ruth, who is in her late twenties, is married. For three years now, she makes her living by running a shop selling dry food items like rice, beans,sugar and maize and baking flour. Ruth also involve with poultry business where she grows 300 to 500 chickens(broilers). She starts her business activities from 08am to 10p per working day and is able to make a very good monthly profit.

This is her first loan request from Tujijenge Tanzania. Ruth will use this loan to buy 700 chicks and purchase food items for her shop. In the coming years, she would like to expand her business portfolio. She will share this loan with her loan group" FLORIDA B" which totals three members. The member 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
  • 24
    View loans »
    Tanzania Loans Fundraising
  • $14,358,325
    Funds lent in using Kiva
  • 1,636.5
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Florida B Group's $3,075 loan helped a member to buy 700 chicks and purchase food items for her shop.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 21, 2014
Listed
Mar 31, 2014
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2014