Monday, June 15, 2009

Loan to Almas Group in Tanzania

We have loaned $100 to the Almas Group:

Salma Ally, age 30, is single with no child. She sells clothes from her home and also door to door. She started this business in 1968 and works from 10 a.m. to 4 p.m. daily. She is able to earn a monthly profit of about $114.

This will be Salma’s 6th loan from Tujijenge Tanzania. She used the previous loans to increase her clothing business, bought house furniture, bought land and has paid back her loans successfully. She hopes to get her 6th loan to increase her capital and to buy bricks.

Salma will share this loan with her group, Almas, which totals twenty-two members. These members will hold each other accountable in paying back their loans. In the picture, Salma is second from the left in a black blouse and yellow skirt.

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