Momela (One) Group
This is her 12th loan request from Tujijenge Tanzania. She used the previous loans to buy more food inventories and has paid back all her previous loans successfully. With the business profit earned,she has been able to cover school fees and household expenses. She also used the money to buy a mattress, TV, radio, saucepans for her business and a plot of land.
Merina will use this loan to increase the food stock for her food stall. She dreams of one day owning a big hotel servicing more people.
She will share this loan with her loan group "MOMELA (one)" which totals seven members. The members of the group will hold each other accountable for paying back the loan.
About Tujijenge TanzaniaThis loan is administered by Tujijenge Tanzania, which was founded in 2006. It has operations in Dar es Salaam, the coastal region, and the Lake Victoria region. The organization aims to reach out to micro entrepreneurs and provide them with financial and social intermediation services because capital is one of the major barriers to development and success for micro-enterprise initiatives in Tanzania.
For more information on Tujijenge Tanzania, please visit its partner page, or join its lending team.
This is a Group Loan
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Success!! The loan was 100% repaid