This will be Mwanahamis's tenth loan from Tujijenge Tanzania. She used the previous loans to go to Kilosa, which is about 320 kilometres from Dar es Salam, to take ladies' clothes, pants, and petticoats and sell them to the villagers. She also sold charcoal at her place, Kimara. She paid back her loans successfully. She hopes for a loan to go to Kariakoo, which is about three kilometres from the city centre, to buy Arab-style traditional dresses (very long and large, say free-size) and sell them door-to-door.
Mwanahamis will share this loan with her loan group "Kibondo" which has a total of 18 members. The members of the group will hold each accountable in paying back their loans.
In the picture, Mwanahamis is in the back, fourth from right, just next to a lady in pink.
About Tujijenge TanzaniaThis 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.
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Success!! The loan was 100% repaid