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Hamisa
This is a 45-year-old married woman with three children aged between 19 and 22. Her name is Hamisa R.. She started her stationery business in 2000 and she sells office equipment such as books and pens. She also offers secretarial services such as printing, lamination and typing. One employee and her husband are the only people assisting her to run this business.



Currently Hamisa has been earning a monthly profit of $110. She is requesting a loan of $450 in order to purchase additional stock: books, glue, writing pads, and counter books. Hamisa works six days per week and 10 hours per day. In future she plans to increase the quantity and range of the stock.



She thanks you for your 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.

About Tanzania

  • $1,700
    Average annual income
  • 15
    View loans »
    Tanzania Loans Fundraising
  • $14,466,375
    Funds lent in using Kiva
  • 1,164.5
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Hamisa to purchase additional stocks books, glue, writing pads, and counter books.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Oct 4, 2008
Listed
Sep 20, 2008
Currency Exchange Loss:
Covered
Ended:
Sep 15, 2009