A loan of $1,725 helped a member to buy stock for her shop.

Monrovia Group's story

Stella, who is in her early forties, is married and has one son, who is in school. For three years now, Stella has made her living by running a general store, selling rice, beans, sugar, maize flour, baking flour, soft drinks, bar and powdered soaps, and other items. She works from 06m to 10pm per working day and is able to make a very small return each month.

Stella is requesting her fifth loan from Tujijenge Tanzania. She used the previous loans, all of which she paid back successfully, to purchase more products that she had previously not carried in her shop. She keeps restocking her shop with more new items so as to meet more customers’ demands. Stella plowed the profit back into her shop. She dreams of expanding her shop. She will use this loan to buy more stock for her shop.

Stella will share this loan with her loan group, MONROVIA, which totals five members. The members of the group will hold each other accountable for paying back the loan.

In this group: Stella, Dorothea, Herieth, Rehema, Amina

Loan details

Lenders and lending teams

Loan details