This is his sixth loan request from Tujijenge Tanzania and he will use the loan to buy food stocks to resell. He used the previous loans (all of which were paid back successfully) to restock on food items like sacks of rice, beans, sugar, maize and baking flour. He managed to earn extra income which he used to cover home food expenses and house building expenses. He dreams of finishing building his house and painting it with nice colors.
Salumu will share this loan with his loan group, "MASIKA" which consist of six members. The members of this 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