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Karibu View Group
In this Group: Naomi, Maua
Naomi is in her late 30s and is single with one son who is at school. She has been running a general store selling soft drinks, sweets, sugar, maize, baking flour and other stuff since 2007. She also has a small project selling fabrics and women's bags on credit since 2013. Naomi works from 8 am to 9 pm each working day and is able to make a good monthly profit.

This is her sixth loan from Tujijenge Tanzania. She used the previous loans (all of which she paid back successfully) to buy diet drinks, dry food items and other popular products for her general store. She dreams of expanding her portfolio with a successful business. Naomi received extra income, which she used to buy a TV and cover school fees and household expenses. With her new loan request, she will buy take-away soft drinks and other popular products demanded in her shop.

Naomi will share this loan with her loan group "Karibu View", 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
  • 20
    View loans »
    Tanzania Loans Fundraising
  • $14,117,850
    Funds lent in using Kiva
  • 1,645.5
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Karibu View Group's $1,200 loan helped a member to buy take away soft drinks and other popular products demanded in her shop.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 29, 2014
Listed
May 3, 2014
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2014