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Monrovia Group
In this Group: Stella, Dorothea, Herieth, Rehema, Amina
Stella, who is in her early forties, is married and has one son, who is in school. For three years now, Stella has made her living by running a general store, selling rice, beans, sugar, maize flour, baking flour, soft drinks, bar and powdered soaps, and other items. She works from 06m to 10pm per working day and is able to make a very small return each month.

Stella is requesting her fifth loan from Tujijenge Tanzania. She used the previous loans, all of which she paid back successfully, to purchase more products that she had previously not carried in her shop. She keeps restocking her shop with more new items so as to meet more customers’ demands. Stella plowed the profit back into her shop. She dreams of expanding her shop. She will use this loan to buy more stock for her shop.

Stella will share this loan with her loan group, MONROVIA, which totals five 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
  • 11
    View loans »
    Tanzania Loans Fundraising
  • $14,089,300
    Funds lent in using Kiva
  • 1,630.5
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Monrovia Group's $1,725 loan helped a member to buy stock for her shop.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 9, 2014
Listed
Apr 12, 2014
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2014