Mambo from Tanzania! This is 23-year-old Esta N. from Mbozi. She is married with three children between the ages of two and six. Esta has been running a crops business since 2008, purchasing and selling crops. She works at the business for 9-12 hours per day, six days per week. Esta currently earns about 90 USD from her business. She is requesting a loan in order to purchase crops in bulk for her business. In the future, she plans to improve the quality and range of her products. Esta 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 micro-leasing 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.