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Ashoki C Group
In this Group: Bertha, Linda, Severina, Hafsa
Bertha, who is the mother of one child in school, is in her late thirties and married. She supports her family by running an enterprise selling footwear of different types, a business she has been with for three years. She starts working from 6 am to 6 pm daily and is able to make a fair monthly profit.

This is her third loan request via Kiva partner’s Tujijenge Tanzania. Bertha used the previous loans to purchase more fashionable shoes. She managed to resell them and earned an extra income which she used to buy a plot of land where she wishes to build a house. She covered part of the school fees and home food expenses. Bertha paid back all her loans successfully. She is requesting a new credit to invest in her footwear shop. In the coming years, Bertha would like to build a house and improve her shop more.

She will share this loan with her loan group “Ashoki C“ which consists of four members. The members of this 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.

Tags

About Tanzania

  • $1,700
    Average annual income
  • 32
    View loans »
    Tanzania Loans Fundraising
  • $14,374,700
    Funds lent in using Kiva
  • 1,663.5
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Ashoki C Group's $4,700 loan helped a member to invest in her footwear shop.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 3, 2014
Listed
Jul 9, 2014
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2014