This will be his third loan request from Tujijenge Tanzania. With the previous loans, he increased his business inventory, and he has paid back all his loans successfully. With the interest earned, he bought another plot of land and covered home expenses and school fees. He will use this loan to restock more drinks and pay for toilet repair at his business. He dreams of having a nice guesthouse for business expansion.
He will share this loan with his loan group "WITO" which totals 10 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