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Total loan: $550
Dar es Salaam, Dar es Salaam, Tanzania / Food
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Malumbo Group's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!
A loan helped to replace the out-of-stock items in her fruit stand, to buy more stock of green vegetables and sacks of charcoal to resell.
Malumbo Group's story
Zakia is a very hard working green grocer from Dar-es-salaam. She is in her late thirties, married and has three children who are in primary school by now. She operates a small stand which sells seasonal fruits, greens vegetables, dried fish and charcoal to support her family. She's been running this business for 7 years and is making good profit. This will be one of her many loans taken from Tujijenge Tanzania. Zakia's previous loan, all of which has repaid successfully, allowed her to restock her fruits stand and increase the supply of spinach, soybeans and cabbages for her business to grow and as a result she managed to double her sales and increases her profit. Zakia will use this loan to replace the out-of-stock items in her fruit stand, to buy more stock of green vegetables and sacks of charcoal to resell. Her main business target is to become a successful green grocer and will share a portion of this loan with her loan group member of "Malumbo" as they will be holding each other responsible for paying back the loan in full at maturity.