100%

funded

Total loan: $4,100

Mt Ulunguru Group

Flag of Tanzania
Dar es Salaam, Dar es Salaam, Tanzania / Retail

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


A loan helped to buy a business computer and restock more DVDs to resell.


Mt Ulunguru Group's story

Frank, who is in his early 30s, is single. He has been running a shop selling DVDs - movies and audios. He is also a music player (DJ) at private parties and ceremonies. Frank has been engaged in these activities for five years. He works from 8am to 7pm daily, but sometimes up to midnight hours, in case he has a music play job. He is able to make a good profit per month. This will be his second loan request from Tujijenge Tanzania. With the previous loan, Frank restocked more DVDs-movies which resold to more customers. He has paid back his loan successfully. He used the return from the business to cover household expenses, and saved part of it, to reinvest in the business. He will use this loan to buy a business computer and restock more DVDs for resale. He dreams of being able to expand his business some day. He will share this loan with his loan group, "Mt Ulunguru" which has12 members. They will hold each other accountable for paying back the loan.