A loan of $2,775 helped a member to replenish her store with sacks of charcoal.

New Africa Group's story

Ndika, who is in her late twenties, is married and has two kids, one of whom is in school. For six years now, Ndika has been managing a store of charcoal. She opens her business from 8 a.m. to 8 p.m. each working day and is able to make a very good monthly profit.

From Tujijenge Tanzania, this is her 13th loan request which she will use to replenish her store with sacks of charcoal. With her previous loans, all of which were paid back successfully, Ndika used to buy more sacks of charcoal. She usually restocks her business to avoid upward price movement and shortage, especially during this rain season. She manages to receive an extra income which she used to buy a plot of land, personal car and business motor vehicle with three wheels. Ndika dreams of building a house.

She will share this loan with her loan group "New Africa" which totals seven members. The members of the group will hold each other accountable for paying back the loan.

In this group: Ndika, Salmin, Tatu, Ester, Mbwana, Clement, Salome

Loan details

Lenders and lending teams

Loan details