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Mkombozi Mwenge Group
In this Group: Sharifa, Aziza, Ramia, Shabiru, Omari, Mohamed, Dallia, Eliasi
Sharifa is her mid-60s and is a widowed woman. She has five children: three sons and two daughters. Only one of them lives at home and is at school; the rest have finished schooling. For a period of 20 years now, Sharifa has made her living by running a genge [food stall] selling fruits and vegetables. She gets up early in the morning (8 am) to start her business. Sometimes she needs to start in the market center to buy new fruits and vegetables. Her business is not located far from her home, so it ends at night (8 pm). She is able to make a very good profit every day.

Sharifa is requesting a loan from Kiva's partner Tujijenge Tanzania, which is her eleventh loan from Tujijenge. She will use this loan to pay for new business stock. She used her previous loans, all of which were paid back successfully, to restock her business with fruits and vegetables. Sharifa used her business profit to build a house, buy home furniture, and cover school fees and home expenses. She is so thankful for Kiva's support since now she has a house for her family. She dreams of expanding her business up to a genge duka [small neighborhood store].

Sharifa will share this loan with her loan group, "Mkombozi Mwenge", which consists of eight 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.

Tags

About Tanzania

  • $1,700
    Average annual income
  • 19
    View loans »
    Tanzania Loans Fundraising
  • $14,473,050
    Funds lent in using Kiva
  • 1,653.5
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Mkombozi Mwenge Group's $5,175 loan helped a member to pay for new stock for her genge selling fruits and vegetables.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 15, 2014
Listed
Jul 20, 2014
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2015