Check out some available loans that are similar to this one!
Jipe Moyo Yombo Group
In this Group: Araita, Sada
Araita is in her mid-twenties and is single. She is still living with her parents and depends on herself for some of her needs. Despite living with her parents, Araita started a small business, selling cosmetics and fabrics door to door. Araita has been in this micro-business for a period of six months. She works from 10 a.m. to 4 p.m. per working day and is able to make a very small profit each month.

This is Araita's tenth loan request from Tujijenge Tanzania, which she will use to buy stock of cosmetics to resell. With her previous loans (all of which were paid back successfully), she purchased cosmetics products. She earned extra income which she used to cover food expenses. She dreams that one day she will be able to open a big shop.

She will share this loan with her loan group" Jipe Moyo Yombo" which totals two 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
  • 18
    View loans »
    Tanzania Loans Fundraising
  • $14,347,475
    Funds lent in using Kiva
  • 1,633.5
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Jipe Moyo Yombo Group's $925 loan helped a member to buy stock of cosmetics to resell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 16, 2014
Listed
Apr 23, 2014
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2014