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Ashoki B Group
In this Group: Hafsa, Victoria, Hapiness
Hafsa is a mother of two children,one boy and one girl, who are in school. She is aged in her late thirties and makes her living by running a shop selling men and women shoes. She is in this enterprise for three years now and is able to make a good monthly profit. Hafsa open her shop from 06am to 06pm daily.

From Tujijenge Tanzania, this is Hafsa's fourth loan request which she will use to buy new and sold out stock of shoes for her shop. With the previous loans all of which paid back successfully, she used to restock her shop stocks and paid shop rent. Hafsa received an extra income which she used to pay house living rent and food expenses. She paid school fees and covered part of house building expenses. She dreams to open another successfully business.

Hafsa will share this loan with his loan group" Ashoki B" which totals three 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
  • 49
    View loans »
    Tanzania Loans Fundraising
  • $14,679,800
    Funds lent in using Kiva
  • 1,636.5
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Ashoki B Group's $4,600 loan helped a member to buy new and sold out stock of shoes for her shop.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 20, 2014
Listed
Mar 31, 2014
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2014