Fatuma Mwaimu

Thank you for your loan. It has been disbursed to Fatuma Mwaimu 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.

Dear lenders,

Mambo (Greetings!) from Tanzania and from SELFINA! Thank you for your loan through Kiva to Fatuma Mwaimu, a SELFINA client and micro-entrepreneur. The purpose of this journal is to update you on Fatuma and the status of her business.

As you know, your generosity helped Fatuma obtain a loan of $525. She is running a cafe and used the loan to purchase additional raw materials for her café such as sukari (sugar) and maharage (beans) as well as sodas to quench her patrons’ thrist. In addition, she used the loan to purchase prepaid cell phone vouchers to sell at her café as she was noticing that competition was impeding on her café business profits. She works at her business 13 to 16 hours a day, 7 days a week and is assisted by her husband and her mother. Since she took out the loan, her business has been doing well and Fatuma’s monthly profits have increased from about $75 to approximately $150. However, she is worried about the continued success of her business as both theft and competition area prevalent in her area and may negatively impact her.

SELFINA aims to continue to assist Fatuma and other women like her, and empower them towards financial security and increased confidence through microloans. Thank you very much for supporting Fatuma! 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

Asante tena (thank you again) for your support!