Aisha Saidi

Thank you for your loan. It has been disbursed to Aisha Saidi by Sero Lease and Finance Ltd. (SELFINA) in Tanzania. We are excited to watch this business grow. Over the next 12 months, Sero Lease and Finance Ltd. (SELFINA) will be collecting repayments from this entrepreneur and posting progress updates on the Kiva website.

Mambo from Dar es Salaam! The purpose of this journal is to update you on Aisha, a SELFINA client and micro-entrepreneur, who received a loan from you through Kiva.

I recently went to visit Aisha at her pharmacy in the Ukonga neighborhood of Dar es Salaam. Her pharmacy is well situated in a bustling area and she had several customers stop by during the course of our chat – business for her is going well! The loan that you helped her with is Aisha’s fourth loan with SELFINA – she has graduated from a first loan of $275 to her current loan of $875. Aisha decided to open a pharmacy four years ago because she received some partial training as a nurse and was interested in getting into the health services industry. She used her first loan to stock her pharmacy and has used subsequent loans to buy larger quantities and more varieties of medicines – thus allowing her to serve a larger client base. This has enabled Aisha to increase her monthly profits from $70 to $175 over the past couple of years. She has used these extra profits to open a second pharmacy in the Yomba-Buza neighborhood, which is managed by two employees, as well as towards paying school fees and utility bills. She is married and has three children – her oldest is in grade four, her second child is in nursery, while the littlest is still at home. In the future, she aspires to become a wholeseller or supplier for pharmacies in the area since there aren’t too many medicine suppliers in her area – she is hopeful that this will enable her to make larger profits.

SELFINA aims to continue to assist Aisha and other women like her and empower them towards financial security and increased confidence through microloans.

Thank you for your generosity in supporting Aisha! To continue to support women like her and lend to SELFINA borrowers, please click here:

http://www.kiva.org/app.php?page=businesses&partner_id=90&status=All&sortBy=New+to+Old&_tpg=fb