Greetings from Tanzania! This is Tusajigwe S. from Tukuyu. She is twenty-five years old and married with a three-year-old child. She is also supporting two children who were orphaned. Tusajigwe has been running a business selling used clothing since 1998. She works at her business for nine to twelve hours a day, six days a week, assisted by two employees. She currently earns about $80 a month from her business. She is requesting a loan in order to purchase clothes in bulk for her business. Tusajigwe 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, so 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 is allows clients to use their equipment as collateral for future loans with SELFINA, thus enabling them to borrow larger sums in the future.