The Korogwe Town Council disbursed a total of 250mn/- during the first quarter of the 2024/25 financial year to provide loans to special groups. This amount represents 10 percent of the council's quarterly revenue.

Mwashabani Mrope, the council’s Executive Director, announced this recently, stating that the funds were disbursed on October 1st to various beneficiaries, including people with disabilities, youth, and women’s groups.

“The loans were sourced from our domestic revenues, and similar amounts will be allocated to all groups that meet the criteria. I would like to emphasize that this allocation is for the first quarter of the 2024/25 fiscal year,” she explained.

Mrope further clarified that loan applicants must first submit their applications through executive officers in their respective areas for initial approval. Afterward, the applications will be forwarded to the Town Council's Community Development Officer for final approval.

One of the beneficiaries, Ally Fungo, urged fellow recipients to ensure timely repayment of their loans to allow others on the waiting list to benefit as well.

“This money is not ours, but a means to support our economic activities. Once we succeed, we must repay the loans on time so others can also benefit,” he emphasized.

Korogwe Town Council, located in the Tanga Region of northeastern Tanzania, serves as the administrative and commercial hub of Korogwe District, which is renowned for its agricultural activities and growing infrastructure. The town's strategic location along the highway connecting Dar es Salaam to northern regions makes it a key transit point for trade and transport.

The local economy primarily revolves around agriculture, with maize, sisal, and fruits like oranges and mangoes being major crops. The region’s fertile land and favorable climate contribute significantly to the livelihoods of its residents.

In recent years, Korogwe has experienced gradual improvements in infrastructure, including roads, schools, and healthcare facilities. The main highway has further enhanced trade and the movement of goods, benefiting local businesses.

Additionally, Korogwe’s proximity to the Usambara Mountains offers potential for tourism. The area boasts natural attractions such as forests, waterfalls, and hiking trails, which attract both local and international visitors, contributing to the town's economy.

Through its agricultural base and strategic position in Tanzania's transport network, the Korogwe Town Council plays a pivotal role in driving economic development in the Tanga Region.