Total loan: $4,350

Wajibu Group

, , Tanzania / Retail

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A loan helped to increase his shop inventory.

Wajibu Group's story

Peter, a single man is in his early 20s, has operated a retail shop business since 2009. Working from 6 a.m to 10 p.m. daily, he is able to make good a monthly profit.

This will be Peter's third loan from Tujijenge Tanzania Limited, his previous two, both repaid, having been used to increase his shop inventory. This thrid loan will serve the same purpose, and his dream is to one day have a large shop in order to make large profits which will help him to better take care of his family.

Peter will share this loan with his loan group " Wajibu," which has a total of 15 members who will hold each other accountable for paying back their loans.