This will be Said's seventh loan request from Tujijenge Tanzania . With the previous loans, all of which he paid back successfully, he increased the shop's inventory with new foods which he previous lacked in his shop. With the profit earned, he covered family expenses, school fees and the children's bus fare to school. Said will use this loan to increase his inventory with more sacks of rice, sugar and buckets of cooking oil. He dreams to one day be able to have his own business premises to avoid paying high rent.
He will share this loan with his loan group Kulangwa, which has 10 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