Mambo from Tanzania! This is 27 year old Tumaini M. from Mbozi. She is married with one child, of 9.. Additionally, she is responsible for supporting 2 dependants because they are orphans. Tumaini has been running a shop since 2007. She owns a small duka or neighborhood shop in the city where she sells common household and grocery items.
She works at the business for 9-12 hours per day, 7 days per week. Tumaini currently earns about 100USD from her business. She is requesting a loan in order to purchase shop items in bulk for her business. In the future, she plans to improve quality and range of product. Tumaini 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