Check out some available loans that are similar to this one!
Fanaka Kajiungeni Group
In this Group: Raubati, Fadhila, Sudi, Winifrida
Raubati is in his early thirties and has three children; two attend school and the third is young. He is married and has supported his family by operating a shop to sell rice, flour, and sugar. He works from 7:00am to 8:30pm daily and is able to make a good profit each month.

This will be his sixth loan request from Tujijenge Tanzania. He successfully repaid the previous loans which he used to replenish his inventory. He earned a profit which he used to cover school fees and home expenses. He dreams of buying land to build a house. Raubati will use this loan to start selling spare parts for cars.

He will share this loan with his loan group"Fanaka Kajiungeni" which is comprised of four members. The members of the group will hold each other accountable for paying 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

  • $1,900
    Average annual income
  • 46
    View loans »
    Tanzania Loans Fundraising
  • $14,804,550
    Funds lent in using Kiva
  • 1,688.5
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Fanaka Kajiungeni Group's $2,825 loan helped a member to begin a spare parts business.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 18, 2014
Listed
Jun 23, 2014
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2014