Arusha Council disburses 1.21 billion shillings in interest-free loans

Arusha City Council has disbursed 1.21 billion Tanzanian shillings (approximately $480,000 USD) in interest-free loans to 101 groups comprising youth, women, and individuals with disabilities. The funds were distributed on June 6, 2026, as part of the 10% of internal revenue allocated for loans during the third quarter of the 2025/2026 fiscal year.

Joseph Mkude, the Arusha District Commissioner, presented the loan checks to the beneficiaries. He stated that the initiative aims to empower these groups to start, develop, and expand economic activities that will increase their income and enhance their quality of life. Mkude noted that some applicants miss out on these opportunities due to a lack of discipline, patience, or failure to follow the program's essential requirements.

He urged the recipients to utilize the funds for their intended business and production purposes to achieve positive results. Mkude also emphasized the importance of timely repayment to ensure the program's continuity and allow other groups to benefit in subsequent phases. Arusha City Mayor, Maxmillian Iranghe, added that these loans are part of the government's ongoing efforts to provide citizens with capital and economic opportunities for self-reliance and improved living standards.

One beneficiary, Elijah Hashim, shared his group's experience, noting they received a loan of 12 million shillings after applying for over three months. He explained that the requirements included business identification, documentation, and repayment plans, all of which they successfully submitted. "Today, we have successfully received a check for Sh12 million," he said.