Africa One Group
This will be Hamidu's third loan from Tujijenge Tanzania. He used the previous loans to increase his charcoal stock and cover household expenses. He bought a cupboard, a television and DVD player for his family, and he has paid back all his loans successfully. Now he wants a loan, which he will use to start a new charcoal business in another place. His dream is to one day be able to build a house.
Hamidu will share this loan with his loan group, Africa One, which totals 11 members. The members of the group 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