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Thereza
Mambo from Tanzania! This is 49-year-old Thereza K. from Mwanza. She is married with four children between the ages of 14 and 20 and is also responsible for supporting two dependents because they are orphans. Thereza has been running a pharmacy business since 2005. Working 12 hours per day, 7 days per week, Thereza currently earns about $150 each month from her business.



She is requesting a loan of $450 in order to buy more medicines including panadol, chestcof, mucolyn, and anti-malarial medication. In the future, Thereza plans to open a new business. 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 micro leasing is that it 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
  • $14,211,425
    Funds lent in using Kiva
  • 1,255.5
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Thereza to buy more medicines including panadol, chestcof, mucolyn, and anti-malarial medicine.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Nov 3, 2008
Listed
Oct 20, 2008
Currency Exchange Loss:
Covered
Ended:
Oct 15, 2009