Ales Kibona

Mambo (Greetings!) from Tanzania! This is 28-year-old Ales Kibona from Mbeya. She is married with 2 children ages 3 and 20. Additionally, she is responsible for supporting one dependent who is an orphan.

Ales has been running a shop since 2000, selling home use items like rice, maize flour, cooking oil, salt, etc. She works 9-12 hours per day, 6 days per week and is assisted by 3 employees . Ales currently earns about 120 USD a month from her business. She is requesting a loan in order to purchase additional stocks of rice, sugar, salt, cooking oil and soda. In the future, she plans to increase the quantity and range of her business. Ales thanks you for your support!

About Sero Lease and Finance Limited (SELFINA):
SELFINA is a pioneer in micro-credit in Tanzania. The organization is engaged in the economic empowerment of women 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.

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