This is Juma's sixth loan request from Tujijenge Tanzania. He will use the loan to buy more out-of-stock products and a popcorn machine. He used his previous loans to replenish his business products and to buy two big business fridges. He has paid back all of his loans successfully. Juma used his profit to pay school fees, to pay for household expenses, to reinvest back into the business, and to save. Juma dreams that one day he will be able to own a big supermarket.
He will share this loan with his loan group "NGARA," which has six 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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