Kisa has been running an ice cream business since 2001. Selling ice cream is big business in Tanzania as the temperature here is HOT HOT HOT!! There is no typical type of ice cream stand in Tanzania. You will find people selling ice cream in little trolleys on the beach and along the streets, in deep freezers in convenience stores, and right inside people’s homes. However, they all offer a wide variety of delights from smoothie popsicles to chocolate dipped ice cream, some local and some brand names. No matter what or where you purchase these tasty treats, they always bring a smile and a sense of relief from the constant Tanzanian sun.
She works at the business for 5-8 hours per day, 6 days per week. Kisa currently earns about 134 USD a month from her business. She is requesting a loan of 425 USD to purchase a deep freezer in order to keep her ice cream cool. In the future, she plans to establish another business. Kisa 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.
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Success!! The loan was 100% repaid