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Mbayuwayu Group
In this Group: Ally, Emanuel, Kondo, Mbaraka, Simon, Jafari, Saidi, Scolastica*, Charles, Obed, Kamilius, Muhidini
* not pictured
Ally is a businessman, aged mid thirties with two schooling daughters. He has had a business of gengeduka (produce stall), selling fruits, vegetables, and other shop items. He has been in this business for three years now and is able to make a good profit each month. Ally runs his business from 7 AM to 8 PM daily.

He is requesting a fourth loan through Tujijenge Tanzania which he will use to buy genge fruits and vegetables to resell. Ally used the previous loans (all of which he paid back successfully) to maintain his business stock of fruits and vegetables. His capital is now greater than before and he serves more people, though people still demand yet more additional products. He is so thankful for Kiva's loan support. He dreams that one day he will be able to open a big shop selling the same and other items. Ally gains a profit which he used to cover school fees and home food expenses.

He will share this loan with his loan group, Mbayuwayu, which totals twelve 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
  • 1,661.1
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Mbayuwayu Group's $3,525 loan helped a member to buy genge fruits and vegetables to resell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 28, 2014
Listed
Jun 3, 2014
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2014