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Ashoki A Group
In this Group: Linda, Flora, Joseph, Severina
Linda, who is in her early thirties, is single and has got two kids, one of them, is in school. She has been managing her family living by running a shop selling woman clothes. Linda is in this enterprise for a period of six years now. She starts working from 08am to 05pm per working day and is able to make a good range of monthly profit.

This is her second loan request from Tujijenge Tanzania. She used the previous loan which she paid in full to buy her shop stocks from Nairobi. Linda normally obtains her business clothes from Nairobi where she spend like a week since her travel. Linda earned a profit which she used to pay for her family house rent, covered school fees and food expenses. She will use this loan to replenish her shop with new fashionable clothes from Nairobi. Linda dreams that one day she will be able to own a house and managing well her business.

She will share this loan with her loan group" Ashoki A" which totals four 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
  • 15
    View loans »
    Tanzania Loans Fundraising
  • $14,211,425
    Funds lent in using Kiva
  • 1,636.5
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Ashoki A Group's $3,425 loan helped a member to replenish her shop with new fashionable clothes from Nairobi.
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