This will be Nassor's first loan from Tujijenge. With the money, he will buy more charcoal to increase his stocks. He will sell this charcoal from his home to both retail and wholesale customers.
Nassor will share this loan with the members of his group, Mawimbi, which means "clouds" in Kiswahili. Most of the sixteen group members are food vendors; one is a fisherman, one sells juice, and another sells soap. They will hold each other accountable for paying back their loans, and meet once a week to make repayments, discuss their businesses, and share advice. In the picture, Nassor is second from the left (crouching down).
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
35View loans »
Success!! The loan was 100% repaid