What does Uhuru do?
Uhuru offers micro-loans to fund financial inclusion and self-reliant development. Microcredits can provide a path out of poverty, provided they are given on fair terms.
Uhuru explicitly targets entrepreneurial women and men who are excluded from conventional financial services. Many people cannot deposit collateral to obtain bank loans. At Uhuru, comprehensive risk assessment and personal relationships with local people replace the deposit of material guarantees.
Why and how does FairPlanet support Uhuru?
As FairPlanet we promote social, economic and environmental justice and cooperate with partners whose mission aligns with ours. Thus, we support Uhuru's endeavour to provide microcredits to communities in Tanzania. Besides helping Uhuru with our expertise in research, content and communications, we use this platform to reach out to our audience, as well.
Help Uhuru
While Uhuru's microcredits are funded by the members of community-based saving groups, the volume of loans given out to its members enhance through donations.
If you donate to Uhuru they will allocate your contribution to saving groups that are most in need of funding.