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Serakazi Group
In this Group: Sadru, Hawa, Sifa, Alice, Happyness, Bosco, Jackson, Mariam, Erinest, Melkiory, Halima
Sadru, who is in his early 40s, is married and has two girls who go to school. For a period of three years now, Sadru has been running a butcher business. He is very hardworking. He works from 6:00 AM to 8:00 PM daily and is earning a good profit per month.

This will be his fifth loan from Tujijenge Tanzania. He used the previous loans to repair his butcher premises by installing a new aluminum door and tiles, to build a house with two rooms in the village, and to buy a TV, a meat cutter machine, and a deep freezer for his business. He has paid back all his loans successfully. He is requesting a new loan to open another butcher shop in another location. His dream is to one day be able to build a modern house.

He will share this loan with his loan group "Serakazi," which has 11 members. The members of the group will hold each other accountable for paying back the loan.

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
  • 19
    View loans »
    Tanzania Loans Fundraising
  • $16,057,125
    Funds lent in using Kiva
  • 1,613.5
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A portion of Serakazi Group's $4,950 loan helped a member to open another butcher shop in another location.
100% repaid
Repayment Term
6 months (Additional Information)
Repayment Schedule
Feb 13, 2013
Feb 15, 2013
Currency Exchange Loss:
Jul 17, 2013