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Suzana A.
Mambo from Tanzania! This is 35-year-old Suzana M. from Mbeya, married with three children between the ages of 3 and 12 and also supporting one dependent who is an orphan. Suzana has been selling potatoes since 2001, working 13-16 hours per day, 4 days per week. She currently earns about $30 per month from her business.



She is now requesting a loan of $400 in order to purchase more potatoes in bulk, and in the future plans to establish another business. Suzana 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

  • $1,900
    Average annual income
  • 42
    View loans »
    Tanzania Loans Fundraising
  • $14,902,975
    Funds lent in using Kiva
  • 1,240.0
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Suzana A. to purchase more potatoes in bulk.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Nov 30, 2008
Listed
Nov 21, 2008
Currency Exchange Loss:
Covered
Ended:
Nov 15, 2009