A loan of $1,300 helped a member to increase his second hand clothes and shoes.

Saranga Group's story

Mahamudu is 25 years old and single. He has been running a small stand selling second-hand clothes and shoes since 2008. He works from 7:30 am until 7 pm six days a week and earns about $200 a month in profits. Mahamudu dreams of expanding his business, and he will use this loan to increase his stock by purchasing additional styles and sizes of clothes and shoes.

This will be Mahamudu’s first Motisha loan from Tujijenge Tanzania. A Motisha loan is a product offered by Tujijenge Tanzania that allows borrowers with good credit ratings to pay back their original loans faster and receive extra money before their original loan term has ended. Mahamudu is a member of the Saranga Group. The members of the group will hold each other accountable in paying back the loan. Mahamudu is the only man in the group and can be seen in the back row wearing a hat.

In this group: Mahamudu, Tatuma, Dawess, Sala*, Florah, Luciana, Marisela, Rehema F., Rose Y.
*not pictured

Loan details

Lenders and lending teams

Loan details