Magole 'b' Group
This will be Lucas' third loan from Tujijenge Tanzania. He used the previous loans to buy the out-of-stock items in his business. He has paid back all his loans successfully. He used the profit to pay school fees, built a small house and cover household expenses. He will use this loan to buy fruits and vegetables. He dreams of buying a truck so that he is able to deliver his products to his customers.
Lucas will share this loan with his loan group "Magole B'" which has nine members who 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