This will be her fifth loan request from Tujijenge Tanzania, which she will use to increase her inventory of fabrics to resell. Naomi's previous loans, all of which have been paid back in full, were used to buy more fabrics for her business. Naomi is working hard to make her business succeed. She used her profits to buy a radio, TV and sofa set. She paid household expenses and saved some in her bank account. Naomi dreams to take her own bigger loan.
She will share this loan with her loan group, " TAMALINDA", which totals 3 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