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Singida Group
In this Group: Esther, Marwa, Tedy, Angela, Eva, Sophia
Esther, a businesswoman and mother of three children, is in her thirties and not married. Esther's children are in school. She has been supporting her family by running three businesses; poultry, tailoring and chips with meat fried in pieces. She has been with these businesses for three years now, working from 9 am to 6 pm daily and is able to make a fair profit each month.

This is her first loan request via Tujijenge Tanzania to be apportioned among Singida's, six group members. The members of the group will hold each other accountable for paying back the loan.

Esther will invest her portion to buy clothes making materials. In the coming years, she would like to be a successful businesswoman.

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
  • 39
    View loans »
    Tanzania Loans Fundraising
  • $14,894,575
    Funds lent in using Kiva
  • 1,658.5
    Tanzania Shillings (TZS) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A portion of Singida Group's $3,200 loan helped a member to buy clothes making materials.
99% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 18, 2014
Listed
Aug 1, 2014
Currency Exchange Loss:
Possible
Ended:
May 17, 2015