Zainabu Luhoya

Thank you for your loan. It has been disbursed to Zainabu Luhoya 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 Dar es salaam, Tanzania and from SELFINA! Thank you for your loan through Kiva to Zainabu Luhoya, a SELFINA client and micro-entrepreneur. The purpose of this journal is to update you on Zainabu and the status of her business.

As you know, your generosity helped Zainabu obtain a loan of $ 900 in December 2007. She is running a used cloth business and used the loan to purchase stocks of used cloth.

She works at her business six days. She is assisted by one employee at her business. Since she took out the loan, her business has been doing well and Zainabu’s monthly profits have increased from about $200 to approximately $300. She has used these extra profits to repay her loan, pay water and electricity bills and buy food for her family.

In the future, she is planning to open another business. On the personal front, her family is doing well.

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