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Kariakoo Group
In this Group: Mwanaisha, Ahlan, Amina, Suleman, Zuhura
Mwanaisha H., 40, is divorced and has a 15-year-old son. She also supports her mother and her father. She runs a food market, which she started 6 years ago. She works daily from 6am until 1pm. She realizes a monthly profit of around $292.

This will be Mwanaisha’s second loan from Tujijenge Tanzania. She used the previous loan to restock her store, and she repaid the loans successfully. She now hopes for the second loan to restock her grocery again.

Mwanaisha will share this loan with her group, Kariakoo, which has five members who run shops, work as tailors, and sell clothes. The members of the subgroup hold each other accountable for repaying their loans. In the picture, Mwanaisha is shown at the rear, 2nd from the right.

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
  • 19
    View loans »
    Tanzania Loans Fundraising
  • $14,473,050
    Funds lent in using Kiva
  • 1,313.8
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Kariakoo Group's $1,375 loan helped a member to restock a grocery store.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 16, 2008
Listed
Dec 29, 2008
Currency Exchange Loss:
Covered
Ended:
May 15, 2009