A loan of $1,125 helped a member to buy more electrical spares.

Mkolemba Group's story

Richard is in his early 30s and is married with one small daughter. He has been running a hardware shop for three years now. He works from 9 a.m to 9 p.m daily and is able to make a fair monthly profit.

This will be his first Motisha loan from Tujijenge Tanzania. He wants to use the loan for buying more electrical spares for his hardware shop. A Motisha loan is a product offered by Tujijenge Tanzania given in the middle of the main loan that motivates borrowers with good credit ratings who pay back their loans smoothly to receive half amount of the existing loan before their original loan term has ended.

Richard will share this loan with his loan group, "Mkolemba", which has a total of 5 members who will hold each other accountable in paying back their loans. His dream is to one day be able to build a house.

In this group: Richard, Enock, Rehema, Jane, Mary

Loan details

Lenders and lending teams

Loan details