New Microfinance project

Mission Morogoro is excited to be launching a new initiative in Tunguli and surrounding areas. In partnership with UK charity Five Talents, MM is sponsoring a three-year microfinance programme to set up Savings and Loans groups, designed to bring opportunity to people who are economically and social marginalised. Through these groups, villagers will be taught financial management and entrepreneurial skills and given the opportunities to save and borrow money for important things in their lives such as education and starting small businesses. Using their methodology Five Talents has a strong track record of successfully delivering such projects across Africa, South America and Asia and we are delighted to have them as a partner. This project, which is open to all parts of the community, has great potential to reduce poverty by bringing sustainable economic growth to the people of Tunguli and MM is thrilled to be a part of it.