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Lucy
Mambo from Dar es Salaam, Tanzania! This is 50 year-old Lucy S.. She is married and has six children aged between 12 and 22. In 2004, Lucy established her grocery and snacks business. Lucy has already received and successfully repaid one loan from SELFINA, and now requires a new loan in order to purchase additional stocks of rice, oil, fruits, vegetables, and ingredients to make samosas. 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 lead role as a pioneer of micro-credit in Tanzania through micro-leasing. Customs and traditions in Tanzania normally make it difficult for women to own land and assets, thus they are termed not-creditworthy by financial institutions as they lack tangible collateral assets. This leads to poor financial support and poor access to basic needs and services for women with low incomes.

About Tanzania

  • $1,900
    Average annual income
  • 44
    View loans »
    Tanzania Loans Fundraising
  • $14,804,600
    Funds lent in using Kiva
  • 1,191.0
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Lucy to purchase additional stocks of rice, cooking oil, fruit and vegetables as well as ingredients for samosas.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jul 6, 2008
Listed
Jun 20, 2008
Currency Exchange Loss:
Covered
Ended:
Jun 15, 2009