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Kwa Ndevu Group
In this Group: Esther, Asha, Cecilia
Esther is a mother of two daughters who are at school. She is married and has been supporting her family with a clothes business (boutique) for six years. Esther's shop is open from 08am to 07pm daily and she is able to make a good profit each month.

This is her first loan request through Kiva's partner, Tujijenge Tanzania. Esther is applying for a loan to be apportioned among Kwa Ndevu's three-member group. They will hold each other accountable to repay the loan.

Esther will use her loan to buy new fashionable clothes and shoes for her boutique. Her ambition is to greatly improve her business to a high level.

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
  • 12
    View loans »
    Tanzania Loans Fundraising
  • $14,211,425
    Funds lent in using Kiva
  • 1,683.5
    Tanzania Shillings (TZS) = $1 USD
Paying Back

This loan has been fully funded!

A portion of Kwa Ndevu Group's $2,975 loan helped a member to buy new fashionable clothes and shoes for her boutique.
92% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 6, 2014
Listed
Jun 17, 2014
Currency Exchange Loss:
Possible