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Bahati
Mambo (Hello!) from Mbeya, Tanzania! This is 30-year-old Bahati M.. She is married and has no children, but she has two dependents, her nieces, who live with her.

In 2002, Bahati established her clothing business. Bahati requires a loan in order to expand her selection of clothing and sandals. She thanks you for your support.



SELFINA is engaged in the economic empowerment of women in Tanzania through the provision of a leasing and leaseback microfinance facility as a practical way to achieve the economic and social emancipation of women.



SELFINA has taken a leading role as a pioneer of microcredit in Tanzania through micro-leasing. Because customs and traditions in Tanzania normally make it difficult for women to own land and assets, the women lack tangible collateral assets, and financial institutions do not consider them to be credit-worthy. This leads to poor financial support and, as a result, limited access to basic needs and services for women with low incomes.



SELFINA buys and leases equipment to women. When a client needs working capital, SELFINA buys the equipment from the client, extends a loan to her, and then leases back the same equipment – a process called a "sale and leaseback" arrangement.

About Tanzania

  • $1,700
    Average annual income
  • 19
    View loans »
    Tanzania Loans Fundraising
  • $14,347,475
    Funds lent in using Kiva
  • 1,232.0
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Bahati to expand her selection of clothing and sandals.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
May 6, 2008
Listed
Apr 22, 2008
Currency Exchange Loss:
Covered
Ended:
Oct 18, 2008