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Hi John,
Your interest and comment to my idea are greatly appreciated. To respond: I agree 10% can be quite large for some individuals however, the current market interest rate for loans in Tanzania is between 20 -30% per month. The 10% we are considering here is an annual interest rate, which is actually less than 1% interest per month. We thought this should be reasonable and has potential to facilitate responsibility, enthusiasm and hard working among the group members knowing they have a capital with interest to repay for the next person.  This also instills a sense of ownership of the program among the groups of girls. It also ensures sustainability of the program and room for program expansion to more groups through accumulated interests. Part of the interest will also enable recovering of administration and other costs instead of using the capital fund on such expenditures. We are happy to learn examples and experiences of best practices on this. Thank you once again. Flora.