A loan of $3,425 helped a member to restock shop 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 who 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 11th loan request from Tujijenge Tanzania. With the previous loans, all of which he paid back successfully, he purchased shop items like soaps,airtime,soft drinks and sugar. Yona 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 made more bricks for house building. He will use this loan to restock shop items like rice, airtime, soft drinks, etc. He dreams to expand his business by restocking more items.

He will share this loan with his loan group, "Loyola," which totals 10 members. The members of the group will hold each other accountable for paying back the loan.

In this group: Yona, Mariam, Sihaba, Anastazia, Maimuna, Onester, Saidi, Ramadhani, Dafrosa, Rukia
*not pictured

Loan details

Lenders and lending teams

Loan details