A loan of $1,225 helped a member to increase her stock.

Chai Bora Group's story

Magreth C., age 36, is single with three children who are 16, 14 and 12 years old. She has operated a retail shop for one and a half years now. She works from 6 am to 8:30 pm daily and she is able to make a monthly profit of about $186.

This will be Magreth’s second 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. She used the previous motisha loan to increase her business stock and she has paid back the loan successfully. She hopes for a new motisha loan to continue to increase her stock. Her dream is to buy a fridge and start selling juice, water and soda.

Magreth will share this loan with her loan group. Chai Bora has nine members. The members of the group will hold each other accountable in paying back the loan.

In the picture, Magreth is first one on the left, standing in the second row.

In this group: Magreth, Zena , Pasian, Tatu, Sara, Mariam , Lucy, James, Lucy

Loan details

Lenders and lending teams

Loan details