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Mavuno Group
In this Group: Ally, Pili, Mohamed, Mussa, Kisala
Ally is a single man in his early 30s. He has three children, two go to school and the third child is still young. He has sold second-hand clothes for two years and works from 9 am to 6 pm daily. He is able to make a small monthly profit.

This will be Ally's 4th loan from Tujijenge Tanzania. He used the previous loans to increase the stock of his second-hand clothing inventory. He has repaid all of his loans successfully. He used the profit to pay school and household expenses. He is doing fine with the loan. He will use this loan to buy good quality second-hand clothes to meet customers' demand. He dreams of improving his life style and having a big business.

Ally will share this loan with his loan group "MAVUNO" which has five members who will hold each other accountable to pay 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
  • 19
    View loans »
    Tanzania Loans Fundraising
  • $14,473,050
    Funds lent in using Kiva
  • 1,635.5
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Mavuno Group's $1,100 loan helped a member to buy good quality second-hand clothes to meet customers' demand.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 28, 2014
Listed
Apr 1, 2014
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2014