A MICROFINANCING OF DISADVANTAGED GROUPS

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A MICROFINANCING OF DISADVANTAGED GROUPS

BELITA is giving loan to small enterpreneurs particularly disadvantaged groups, individuals who because of their lower capital, absence of collateral or legal standing cannot assess loan from conventional financial institutions.

  • Loans are given to solidarity groups usually of five members. The groups guarantee each other which makes it easier in the monitoring and follow ups.
  • Small interest are charged to sustain business development.

Key data

Status of plan:
Factsheet completed (0%)
Stage:
Established company
Year established:
2006
Company Location:
Sectors:
Finance and Insurance
Countries of business:
Tanzania

Size

2010

2011

2012

2013

2014

2015

Total revenues $0 $0 $0 $0 $0 $0
Net profits $0 $0 $0 $0 $0 $0
Employees 0 0 0 0 0 0

Entrepreneur & management

HELENA LUTEGE

HELENA LUTEGE

Author
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