Grace Mfune

Mambo from Tanzania! This is 37-year-old Asha M Haji from Dar es Dalaam. She is married with three children between the ages of 13 and 23. Asha has been running phone accessories business since 2005. She sells chargers, housings, and phone credits. She works at the business for 9-12 hours per day, 6 days per week. Asha currently earns about 200 USD from her business. She is requesting a loan of 775 USD in order to purchase additional phone accessories and phone credits. In the future, she plans to increase the quantity and range of the stock. Asha thanks you for your support!

SELFINA has taken a lead role as a pioneer of micro-credit in Tanzania through micro-leasing. The organization is engaged in the economic empowerment of women in Tanzania through the provision of a leasing and leaseback microfinance facility. Customs and traditions in Tanzania make it difficult for women to own land and assets, so they are termed non-creditworthy by financial institutions. This leads to poor financial support and poor access to basic needs and services for women with low incomes. One of the primary advantages of micro-leasing is that is allows clients to use the equipment as collateral for future loans with SELFINA, thus enabling them to borrow larger sums in the future.

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