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Bahati A.
Mambo (Greetings!) from Tanzania! This is 30-year-old Bahati K. from Kyela. She is married with four children, ages 3 to 15. Bahati has been running a fish and crops business since 2006. She buys fish from fisherman at the lake and sells them in town; she also buys crops from farmers sells them.


She works at the business for 9 to 12 hours per day, 6 days per week and is assisted by her husband. Bahati currently earns about 100 USD a month from her business. She is requesting a loan of 550 USD in order to purchase more fish, rice and red palm seeds in bulk. In the future, she plans to increase the quantity and range of the stock. Bahati thanks you for your support!


ABOUT SELFINA:
SELFINA has taken a lead role as a pioneer of micro-credit through micro-leasing in Tanzania. The organization is engaged in the economic empowerment of women and uses 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 deemed non-creditworthy by financial institutions. This leads to 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, enabling them to borrow larger sums in the future.

About Tanzania

  • $1,700
    Average annual income
  • 21
    View loans »
    Tanzania Loans Fundraising
  • $14,347,475
    Funds lent in using Kiva
  • 1,240.0
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Bahati A. to purchase more fish, rice and red palm seeds in bulk.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Dec 30, 2008
Listed
Dec 13, 2008
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2010