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New Africa Group
In this Group: Hassan, George, Masoud, Majuto, Said, Yahya, Salimin, Ramadhani, Lucy, Dickson, Asha, Zainabu, Salome, Hamis, Justina, Peter, Elizabeth, Rosemary, Edward*, Jackline, Mwajuma
* not pictured
Hassan T., age 59, is married and has four children (ages 29, 25, 22, and 15). He has been selling empty bottles for 3 years now. He works from 8am to 5pm daily, and he makes about $292 per month.

He hopes to get a loan from Tujijenge Tanzania to increase his capital so that he can buy more bottles to sell. Hassan will share this loan with his group, New Africa, which has 21 members. These members hold each other accountable for repaying their loans.

In the picture, Hassan is the only man squatting in the front row.

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.

About Tanzania

  • $1,700
    Average annual income
  • 34
    View loans »
    Tanzania Loans Fundraising
  • $14,312,325
    Funds lent in using Kiva
  • 1,240.0
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of New Africa Group's $2,800 loan helped a member to buy bottles to sell.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 17, 2008
Listed
Nov 23, 2008
Currency Exchange Loss:
Covered
Ended:
Apr 15, 2009