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Chamwino Group
In this Group: Noela, Jamila, Neema, Rukia
Noela is in her late thirties and has two children who are in school. She makes her family living operating a general store to sell rice, sugar, soft drinks, maize flour, baking flour and other items. She works from 06:30 am to 10:00 pm daily and she is able to make a good monthly profit.

This is Noela's fourth loan request from Tujijenge Tanzania. She successfully repaid the previous loan which she used to restock her shop with new products. She needs to increase her inventory. With the earned income, she was able to cover school fees and household expenses. Noela will use this loan to increase her inventory. She dreams that one day she will be able to manage another successful shop.

Noela will share this loan with her loan group "CHAMWINO" which has 4 members. The members of the group will hold each other accountable to repay 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
  • 17
    View loans »
    Tanzania Loans Fundraising
  • $14,347,475
    Funds lent in using Kiva
  • 1,635.5
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Chamwino Group's $2,300 loan helped a member to increase her inventory.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 27, 2014
Listed
Apr 1, 2014
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2015