For ten years now, Chacha has been involved with farming activities where he grows fruits and tomatoes; thereafter he sells them at wholesale to different business people. He is also involved with livestock (local cows). He works from 8:00 a.m. to 6:00 p.m. and is able to earn a good monthly profit.
This will be his eleventh loan request from Tujijenge Tanzania. He will use the loan to buy pesticides for his farm fruits and vegetables and to pay farm laborers. With the previous loans, all of which he has paid in full, Chacha managed to buy ten cows, so as to extend his business portfolio, and bought more fruits from other farmers for selling.
Chacha used his business profit to start building a house, and bought a home TV, sofa set, dining table and radio, and covered some school fees expenses. Family expenses and part of the school fees are covered by his wife, who is running other business projects in accordance with himself.
Chacha is full of productive dreams, especially in the agriculture sector. He dreams to open a wholesale shop.
He will share this loan with his loan group, “Mshikamano", which totals two 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