Total loan: $3,925

Nazareth Group

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Dar es Salaam, Dar es Salaam, Tanzania / Services

Nazareth Group's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!

A loan helped To expand and improve his business by purchasing additional inventory.

Nazareth Group's story

Shaibu K. (the only man pictured, in the back of the picture) is a married man in his late fifties. He and his wife have grownup children. To earn a living, for the past two years he has been running a local bar. On a daily basis, he works from midday to 10:00 pm. By doing so, he is able to make a nice monthly profit.

This is the third loan Shaibu has requested through Tujijenge Tanzania Ltd. He used the previous loans, which he successfully repaid, to increase his working capital. With this loan, he is hoping to increase his inventory. His dream is to someday secure an individual loan to purchase his own retail shop.

Shaibu would share this loan with his loan group, Nazareth, which has a total of 15 members. The members of the group will hold each other accountable for repaying the loan.