A coffee processor explains how SIDO loans changed her life

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The journey began in 2009 when Mwebea joined the regional office of SIDO-Shinyanga where she learned a number of skills – on food processing, entrepreneurship, business management, financial record keeping, marketing and advice on how to start a business and product packaging.

With the knowledge and skills acquired from SIDO, Mwebea was able to start his own business, Tausi Coffee General Supplier Company, which was officially established in 2012.

In addition to undergoing classroom training, Mwebea was able to secure a loan from SIDO as seed capital to purchase raw materials for coffee processing, which helped her transform her life as a vendor of fruits and vegetables in one job. Creator.

Mwabea’s company received its first loan worth 5 million/- from SIDO in 2012/2013.

So far, the company has employed 30 people at a small coffee processing factory located in Ndala Ward, Shinyanga City Council, about 3 kilometers from Shinyanga City Council.

The company has the capacity to process 15 metric tons of coffee per month and it now sells its products to shinyanga, Kagera, Dodoma, Geita and other regions.

Mwebea, a mother of four, praised SIDO for introducing the program which she said was a revelation as it completely changed her life.

So far, she has been able to build a modern house, pay her children’s school fees, produce high-quality coffee products, improve her livelihood, be recognized for what she produces indoors, and outside the Shinyanga area.

Mwebea is also experiencing revenue growth of 65-70% per year.

Mwebea holds a Standard Seven Certificate from Mabamba Mission Primary School in Kibondo District, Kigoma Region in 1996.

Before training, she was a fruit and vegetable seller, supplying her products to various areas inside and outside the region.

Meanwhile, SIDO’s director of marketing and investment, Shoma Kibende, said loans worth 26.6 billion/- had been disbursed to 13,776 small and medium entrepreneurs.

Of these, 13.3 billion loans were granted to 1,806 women entrepreneurs engaged in the sub-sector of food processing, spice and honey processing, batik, soap making and others. companies.

The loans were disbursed from 2016/2017 to December 2021 through the National Entrepreneurship Development Fund (NEDF).

As a result of the loans, approximately 35,391 job opportunities in agriculture, livestock sub-sector, business, food processing, fishing industry, mining and other enterprises have been secured. created and of these, 53% were created by women entrepreneurs.

She said women entrepreneurs obtain loan services for investment and working capital through groups and individuals.

“For individual loans, applicants must have two guarantors and collateral not less than 125% of the loan value while group loans, applicants must be willing to form groups and co-guarantor members within each group.

She called on female entrepreneurs who want to access loans and entrepreneurship training to visit SIDO, loans range from 500,000/- to 5m/-.

She said a total of 89,000 SMEs have received training on various issues, of which 53,484 are women entrepreneurs.

In addition, a total of 129,266 SMEs received business advisory services, of which 73,405 are women entrepreneurs.

“We also link them to other banks to access lending services through Azania Bank and CRDB bank Plc.

So far, SIDO has offices in 26 regions across the country which can also help entrepreneurs access training, advisory services and loans.

In addition to NEDF, SIDO helps women entrepreneurs obtain funds through the SME Credit Guarantee Scheme.

“As SIDO, we are very proud of what has been achieved so far, as the majority of women entrepreneurs in Tanzania have managed to move from the micro-enterprise level to the medium-sized enterprise level, which was not not the case before,” she said.

They have also managed to improve the quality of their products, use high quality packaging materials for what they produce, formalize their business and more women are now involved in the food processing sub-sector .

Apart from this, women entrepreneurs also received counseling services on project management, financial record keeping, plant layout, machinery maintenance and repair, productivity issues and how to use social media to market their products.

The trainings have brought about positive changes for women in terms of creating employment opportunities in various sectors, increasing incomes, improving the livelihoods of many people, helping others to create new businesses and manage their economic activities more efficiently.

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