Check out some available loans that are similar to this one!
Mlimani Group Msm
In this Group: Majira, Witness
Majira, who is in his mid 30's, is married with five daughters who are still going to school. He has been a carpenter for eight years now. He works from 7 AM to 6 PM daily and is able to make a fair monthly profit.

This will be Majira's fourth loan from Tujijenge Tanzania. He used the previous loans to buy wood and managed to make more furniture and has paid back all his loans successfully. He is happy with the the loan. He used the profit to pay school fees, bought a small house, and covered household expenses. He will use this loan to buy equipment for the carpentry business to meet his customers' demand. He dreams of owning a wholesale shop.

Majira will share this loan with his loan group, Mlimani, which has two members who 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

  • $1,700
    Average annual income
  • 14
    View loans »
    Tanzania Loans Fundraising
  • $14,211,425
    Funds lent in using Kiva
  • 1,635.3
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Mlimani Group Msm's $1,675 loan helped a member to buy equipment for the carpentry business to meet his customers' demand.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 23, 2014
Listed
Apr 26, 2014
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2014