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Star Group
In this Group: Sara, Yahya, Mercy, Njuke
Sara is a woman who makes her living by running a genge business selling fruits, vegetables and charcoal. She is mid thirties years old and is single. She has been in this business for four years now and is able to make a very good monthly profit. She opens her genge from 09am to 08pm daily.

From Tujijenge Tanzania, this is Sara's fourth loan request which she will use to buy more sacks of charcoal to keep on store and proceeding on selling. Because it is rains season, Sara need to buy more sacks of charcoal to keep on store and avoid scarcity and purchasing price spiral. She used the previous loans all of which paid successfully to service her genge with new items. Sara received an extra income which she used to cover school fees and home food expenses. In the coming years, Sara would like to build a house.

She will share this loan with her loan group" Star" which consist of 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.

Tags

About Tanzania

  • $1,900
    Average annual income
  • 37
    View loans »
    Tanzania Loans Fundraising
  • $14,890,150
    Funds lent in using Kiva
  • 1,636.5
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Star Group's $1,775 loan helped a member to buy more sacks of charcoal to keep on store and proceeding on selling.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 20, 2014
Listed
Mar 31, 2014
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2014