HOW CCT IR-VICOBA TRANSFORMED LIVELIHOODS IN GEITA DISTRICT
CCT PME Officer Mr. Urio Ndekirwa Gabriel and his team visited Geita for monitoring visit on IR VICOBA. There are almost 109 IR VOCOBA in Geita District. Among of them, 70 groups have a group network called (DIRVA).
In Geita mostly IR VICOBA groups have adopted a new technology of take care of group money whereby they are controlled electronically (M-COBA).
The following are some of the success stories captured during the monitoring
- The IR VICOBA Groups network (DIRVA) have built a good office. The office has big rooms where DIRVA staff can work, and a conference room.
Pictures bellow show their office
- Among member of Glory IR VICOBA (Mussa Daudi ) asked for loans many times, and now has bought a car of value seventeen million as the loan from the VOCOBA, He started with a loan of two hundred and fifty thousand Tanzanian shillings, and the second loans was eight hundred thousand Tanzania shilling, and the third loan was one million five hundred thousand where he started a bicycle rental business and opened a small shop. The next loan was six million where he built a house and improved business. Now he has taken a loan of seventeen million and bought a business car. He progress well in his business. Initially he was faced a management challenge but he currently manages himself.
You can see the video bellow during his interview
- Another beneficiary is from Utakaso group who set up a new shop as the result of loan from IR VICOBA.
She started with a small loan but now she own a children’s special clothes.
Before she joins the group, her life standard was very low compared to current. Now she owns a small shop having children’s special clothes, wallets and handbags.
She has established another new project of buy and selling maize, where by her husband is supervising. Before joining group they were living in a rental house, but now they have built a house to live and another for rent as the result of IR VICOBA. She begun taking a loan of three hundred thousands, when she was faithful to repay the loan to the group she was able to lend again five hundred thousand after repaying well she was able to borrow again one million, later she borrowed five million and now she is borrowing ten million.
Stella has not been greedy as she strongly urges others who have not joined to join IR VICOBA to get the benefits as she gets.
Her future plan is to buy a new car next year (2021) and the car will be named as IR VOCOBA
See the video bellow during her interview