Social Issue

Despite the economic growth caused by gold mining and tourism, Tanzania remains one of the poorest countries in the world. Approximately 36% of Tanzanians live below the poverty line.

One in three Tanzanians is self-employed, indicating a high level of micro-business activity. However, few of them have access to a traditional bank and this can be an hour’s walk from home.

Our Response

Created in 2006, Tujijenge Tanzania offers loans for groups of micro-entrepreneurs in the city of Dar es Salaam and its surrounding area, although it soon hopes to be able to expand to other cities of the country as well as to rural areas.

Those that stand out among its customers are very small businesses, for example, those dedicated to the sale of prepared food, the sale of second-hand clothing, sale of coal, or even small beauty shops. The majority of these businesses are carried out from the family home.

Expected Social Impact

With the loan from the Netri Foundation, it is hoped to be able to offer a total of 3,261 microloans per year for a total of 9,783 at the end of the three years.