This will be Salome's third loan from Tujijenge Tanzania. She used the previous loans to start selling food. She wakes up very early and makes soup (boiled chicken heads, legs, chicken intestines, and meat soup) and serves it with chapati. She also serves chapati with beans, then she also serves cooked food at around midday and then she goes home at 3pm.
Salome is happy with the loan because, being a single parent, she can manage to take care of her children. They go to fair schools. She has also managed to successfully pay back her prior loans. She used the profit to pay school fees and cover household expenses. She will use this loan to buy backing flour, cooking oil, sugar, beans, wheat flour, and charcoal to cook the food.
Salome will share this loan with her loan group, Mbinga Group, which has nine members who will hold each other accountable for paying back the loan.
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