This will be his third loan from Tujijenge Tanzania. He used the previous loans to buy more vitenge (fabric), sarongs and shanga (beads), paid household expenses and he has paid back all his loans successfully. He hopes for a loan to increase his stock for his business to resell. His dream is to one day be able to build his own nice house.
He will share this loan with his loan group "Wang'ae" which totals 15 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
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Success!! The loan was 100% repaid