Mambo (Greetings!) from Tanzania! This is 26-year-old Enjo K. from Kyela. She is married with 2 children between the ages of 7 and 8. Enjo has been running a cosmetics business since 2003. Her business is purchasing and selling cosmetics. She works at the business for 9-12 hours per day, 7 days per week. Enjo currently earns about US $80 a month from her business. She is requesting a loan of US $550 in order to purchase cosmetics in bulk. In the future, she plans to open another business. Enjo 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 microfinance 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 microleasing is that is allows clients to use the equipment as collateral for future loans with SELFINA, thus enabling them to borrow larger sums in the future