Mary Msyani

Mambo from Tanzania! This is 33-year-old Mary Msyani from Mbeya. She is married with 2 children, 9 and 15. Mary has been running a clothes business since 2008, purchasing and re-selling clothes. She works at the business for 9-12 hours per day, 6 days per week. Mary currently earns about 200 USD from her business. She is requesting a loan in order to purchase more clothes in bulk for her business. In the future, she plans to open the same business at a new location. Mary 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 micro-finance facility.

Customs and traditions in Tanzania make it difficult for women to own land and assets, thus 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 it 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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