For 11 years now, Fatuma has been running a business, selling clothes (football jersies) and honey. She obtains her honey stock from up-country and she sells it wholesale. Fatuma works from 9am to 4pm daily and is able to make a good monthly profit.
This is her seventh loan request from Tujijenge Tanzania. She used the previous loans to start her business of selling honey and to restock with more clothes. She managed to successfully pay back all her previous loans. The business profit earned was used to cover school fees and household expenses. She saved the remaining amount.
Fatuma will use this loan to restock more clothes to sell. She dreams that, one day, she will be able to open a big clothes shop.
Fatuma will share this loan with her loan group, Sheraton Group, which totals eight 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