Struggling to cope with this demand, he therefore came back to EFTA in 2008 to buy a chicken feed making machine. This quickly became the focus of his business. EFTA’s collateral free finance allowed him to focus on expanding the business in other ways. He has been so successful that he is now the biggest supplier of chicken feed in Northern Tanzania.
When asked why he chose EFTA, Mr Mushi replied that EFTA is the only financial institution to supply loans without collateral, something he would have struggled to provide. He added that EFTA staff are always ready to help solve a variety of problems which he faced and this in turn improved his loan repayment.
Mr Mushi now employs a total of 14 employees. He is planning to use another, larger equipment lease from EFTA that will enable him to produce pellets, a higher value product in the chicken feed market with currently only one competitor in the market.
“EFTA has made me who am today, EFTA cares and makes entrepreneurs dreams become true.” says Mr Mushi