Total loan: $2,875

Nikel Group

, , Tanzania / Services

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A loan helped to pay for office rent.

Nikel Group's story

Athanas, who is in his mid-30s, is married with a boy who goes to school. Since 2010, he has dry cleaned clothes using his washing machine. He is doing well and his business is doing well in the market. He works from 8 am to 7 pm daily and he is able to make a good monthly profit. He has requested a 4th loan from Tujijenge Tanzania to pay for office rent. He used the previous loans to buy an iron box, a washing machine and a sofa set as well as to pay school fees, household expenses and office rent. He has paid back all his loans successfully. His dream is to one day be able to expand his business in different areas, open a retail shop and build a nice family house. He will share this loan with his loan group, Nikel, which totals 15 members. The members of the group will hold each other accountable for paying back the loan.