Funded

Total loan: $3,300
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Loyola Group

Tanzania
Dar es Salaam, Tanzania / General Store

A loan of $3,300 helped a member to replenish more items like rice, airtime, soft drinks, etc.


Loyola Group's story

Yona, who is in his late 30s, is married and has three children, one boy and two girls. His children are in school.

Since 2008, he has had a retail shop, selling different products like airtime, dried foods, rice, beans, sugar, soaps, soft drinks, juices, soda, etc. He is doing fine with his enterprise as well as with his family. He starts working at 8 a.m. and works until 10 p.m. daily and is able to make good returns.

This will be his 10th loan request from Tujijenge Tanzania. With the previous loans, all of which he paid back successfully, he purchased more shop items like soaps and sugar. He usually purchases more sacks of rice during the harvest period at low prices and stores them up to resell later. With the profit received, he bought a plot of land and starting making bricks for house building.

He will use this loan to replenish more items like rice, airtime, soft drinks, etc. He hopes to expand his shop by restocking more items. He will share this loan with his loan group, "Loyola," which totals 11 members. The members of the group will hold each other accountable for paying back the loan.

In this group: Yona, Sihaba, Mwajuma, Dafrosa, Ramadhani, Saidi, Getruda, Maimuna, Rukia, Anastazia, Fikiri
*not pictured



Loan details

Loan length:

6 months
Disbursed date: July 18, 2013
Facilitated by Field Partner: Tujijenge Tanzania Ltd

Lenders and lending teams



Loan details

Loan length:

6 months
Disbursed date: July 18, 2013
Facilitated by Field Partner: Tujijenge Tanzania Ltd