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Palestina Group
In this Group: Hadija, Aisha, Zena, Mariam
Hadija is a mother of one schooling kid and is aged in her thirties. She is not married and supports her family by managing a beauty salon. Hadija has been in this business for six years now and is able to make a good monthly profit. She starts servicing her customers from 09:00am to 09:00pm daily.

Palestina is a new group from Tujijenge comprising of four businesswomen who desire to improve businesses via a Kiva loan. As a group, they are requesting TZS 2,500,000 to be apportioned among four members.

Hadija is one of them who will use her portion to upgrade her business by ordering new salon hair products to service more people. She believes that with this support, her business with receive more new people and likely retain existing ones. She is so thankful to everyone who will be supporting her group.

Hadija, together with her group member 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

  • $1,900
    Average annual income
  • 43
    View loans »
    Tanzania Loans Fundraising
  • $14,902,975
    Funds lent in using Kiva
  • 1,668.3
    Tanzania Shillings (TZS) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A portion of Palestina Group's $1,500 loan helped a member to order new salon hair products to service more people.
99% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 9, 2014
Listed
Jul 14, 2014
Currency Exchange Loss:
Possible
Ended:
Apr 18, 2015