Tushikamane 'b' Group
For six years now, she has been supporting her family by running a grocery store, where she sells beer, soda, water and spirits. Gwamaka depends on this business to generate income for her family, so she puts all of her energy into satisfying her customers, such as by playing nice music at the store. She explains that she usually works from 2 pm until after midnight on a daily basis, which allows her to realize good profits each month.
For the sake of improving her business, Gwamaka, together with other eight members, approached Tujijenge to obtain financial support. The group members will hold each other accountable to repay their portions of the loan. This is her second loan request, which she would like to use to buy business chairs and tables, and to replace defective ones. She used the previous loan, which she successfully repaid, to buy a freezer for the business and empty crates of beers. She dreams of growing her enterprise. As a result of the prior loan, Gwamaka was able to generate an increase in her income, which she used to pay school fees, household expenses, and construction costs.
About Tujijenge TanzaniaThis 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.
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Success!! The loan was 100% repaid