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Fahari Yetu Group
In this Group: Saidi, Laila, Amina, Leokadia, Fatuma, Ashula
Saidi J., age 40, is married with five children ages 16, 13, 9, 7 and 4. He has a garage which he started in 2000. He works from 8am to 7pm, daily. Saidi is able to earn a monthly profit of around $336.

This will be Said’s sixth loan from Tujijenge Tanzania. He used the five loans to increase stock by buying spare parts, compressors and paint and has paid the loans back successfully. He now hopes for a new loan to increase capital and to buy more spare parts.

Said will share this loan with subgroup C of the Fahari Yetu group. The subgroup has six members who run cafes and general stores. These members hold each other accountable for repaying their loans. In the picture, Said is the only man.

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
  • 13
    View loans »
    Tanzania Loans Fundraising
  • $14,113,250
    Funds lent in using Kiva
  • 1,305.0
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Fahari Yetu Group's $2,050 loan helped a member increase capital and buy more spare parts.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 17, 2009
Listed
Apr 1, 2009
Currency Exchange Loss:
Covered
Ended:
Aug 15, 2009