Beatrice currently earns about $160 US from her business. She is requesting a loan of $400 US in order to purchase rice, beans and maize flour. In the future, she plans to expand her business. Beatrice thanks you for her 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 deemed non-creditworthy by financial institutions. This leads to poor financial support and poor coverage of basic needs and services for women with low incomes. One of the primary advantages of micro-leasing is that it allows clients to use equipment as collateral for loans with SELFINA, thus enabling them to borrow larger sums.
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