She works at the business for 9-12 hours per day, 7 days per week. Abigail currently earns about 250 USD a month from her business. She is requesting a loan of 600 USD in order to purchase items in bulk for her business. In the future, she plans to diversify her business. Abigail 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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