This will be Nashon's 2nd loan from Tujijennge Tanzania. He used the previous loan to repair the shop by painting the walls and bought salon equipment which was out of stock. He has paid his loan back successfully. Nashon used the profit to pay school fees and household expenses. He will use this loan to buy more and advanced shaving machines and more salon equipment to make the salon more attractive to customers. His dream is to one day be able to open another barber shop in a different place.
He will share this loan with his loan group "Tanzanite" with thirteen 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