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Subira
Mambo from Dar es Salaam, Tanzania! This is 24 year-old Subira L.. She is married, and has no children. In 2007, Subira opened her clothing business. She has applied for this loan in order to expand the range of clothing on offer in her shop. 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. For example, when a client needs working capital SELFINA buys equipment from said client, extending a loan to her, then leasing back the same equipment – a process called a sale and leaseback arrangement.
This is a practical way to achieve the economic and social emancipation of women.

Customs and traditions in Tanzania normally make it difficult for women to own land and assets. They are, therefore, labelled ‘not-creditworthy’ by financial institutions because they lack tangible collateral assets. This leads to poor financial support, hence poor access to basic needs and services, for women with low incomes.

About Tanzania

  • $1,700
    Average annual income
  • 14
    View loans »
    Tanzania Loans Fundraising
  • $14,211,425
    Funds lent in using Kiva
  • 1,193.0
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A loan of $275 helped Subira to purchase additional styles of clothing to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jun 14, 2008
Listed
May 30, 2008
Currency Exchange Loss:
Covered
Ended:
Dec 16, 2008