Check out some available loans that are similar to this one!
Fanaka Group
In this Group: Augustino, Ossy, Salama, Hassani, Annesia, Abraham, Mariam, Zaituni, Zena, Fatuma*, Shamsa, Joyce, Isack*, Juliana , Aisha
* not pictured
Augustino K., 47, is a widower with one 16-year-old child. He also takes care of his mother. He is an electrician and also sells electrical materials. He started this business two years ago and works daily from 8 a.m. until 8 p.m. He is able to earn a monthly profit of around $62.

This will be Augustino’s fifth loan from Tujijenge Tanzania. He used the previous loans to increase the stock of his electrical equipment and has repaid the loans successfully. He now hopes for a fifth loan to buy more stock to sell.
Augustino will share this loan with his loan group, Fanaka, which totals 15 members. The members of the group hold each other accountable in paying back their loans. In the picture, Augustino is standing in the back, first on the left.

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

  • $1,900
    Average annual income
  • 39
    View loans »
    Tanzania Loans Fundraising
  • $15,298,950
    Funds lent in using Kiva
  • 1,335.0
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Fanaka Group's $3,150 loan helped a member to buy stock for his electrical business.
100% repaid
Repayment Term
5 months (Additional Information)
Repayment Schedule
Jan 7, 2009
Jan 8, 2009
Currency Exchange Loss:
May 15, 2009