With this loan she hopes to increase her inventory and expand her sales to nearby markets. She has taken out four previous loans with Tujijenge before, and succesfully repaid all of them. Fatuma is in a group with 17 other borrowers. They will share the loan between them, and help pay it back together. Each member of the group is responsible for another, therefore ensuring payback of 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