A loan of $475 helped to purchase clothes in bulk.

Severina's story

Mambo from Tanzania! This is 28-year-old Severina C. from Mbeya, married with three children between the ages of 2 and 12. Since 1998 she has been running a clothing business. Working for 9-12 hours per day, six days per week, Severina currently earns about $150 USD per month and is now requesting a loan in order to purchase clothes in bulk for her business. In the future, she plans to improve both the quality and range of her products. Severina 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 it allows clients to use the equipment as collateral for future loans with SELFINA, thus enabling them to borrow larger sums in the future.

Loan details

Lenders and lending teams

Loan details