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Theresia
Mambo from Dar es Salaam, Tanzania! This is 50-year-old Theresia M.. She is married and has five children between the ages of 13 and 20. She also has two dependents who live with her because they are orphans and she has taken them in. In 2002, Theresia established her grocery business. Working seven days a week and 11 hours a day, she earns about 30 USD every month from this business. She is assisted by her husband. Theresia is seeking a loan in order to purchase additional stocks of rice, beans and vegetables in bulk. In the future, Theresia plans to renovate the building which houses her store. She thanks you for your support.


SELFINA is a pioneer of micro-credit in Tanzania, using a sale and leaseback microfinance model as a practical way to achieve the economic and social emancipation of women. Because customs and traditions in Tanzania make it difficult for women to own land and assets, they are deemed not creditworthy by financial institutions, leading low incomes and inadequate access to basic needs and services. SELFINA buys and leases equipment to women: when a client needs working capital, SELFINA buys equipment from the client, extends a loan to her, and then leases back the same equipment.

About Tanzania

  • $1,700
    Average annual income
  • 34
    View loans »
    Tanzania Loans Fundraising
  • $14,666,075
    Funds lent in using Kiva
  • 1,165.6
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A loan of $875 helped Theresia to purchase additional stocks af beans, rice, and vegetable in bulk.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Aug 8, 2008
Listed
Jul 23, 2008
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2009