Trading has begun on the Dar es Salaam Stock Exchange for the first ever microfinance bond in Sub-Saharan Africa. The Tsh 15,300,000,000 ($10 Million) bond issue has been guaranteed by the United States Agency for International Development (USAID) in Tanzania to support lending through Tanzania’s Promotion of Rural Initiatives and Development Enterprises Limited (PRIDE), extending credit to poor but economically active Tanzanians owning and running businesses since 1994.