Mambo from Tanzania! This is 53-year-old Edina C. from Mwanza She is married with five children between the ages of 14 to 22. Additionally, she is responsible for supporting two orphans. Edina has been running a flower business since 2003. She plants and grows flowers and trees and sells them. She works at the business for 8 hours per day, 6 days per week. Edina currently earns about US$200 from her business. She is requesting a loan of US$875 to buy seeds and plants. In the future, she plans to plant more flowers and trees. Edina thanks you for her 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 microleasing is that is allows clients to use the equipment as collateral for future loans with SELFINA, thus enabling them to borrow larger sums in the future.