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Mwajuma
Mwajuma H M. is 45 years old. She is a married woman with one child, aged 25 years. Mwajuma has been running a grocery business since 2008. She has two dependants who depend on her because they are orphans. She works seven days per week and 12 hours per day. She is requesting a loan of 275 USD in order to purchase additional stocks of rice, maize flour, wheat flour, sugar, salt, etc. In future she is planning 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
  • 50
    View loans »
    Tanzania Loans Fundraising
  • $14,679,800
    Funds lent in using Kiva
  • 1,240.0
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Mwajuma t o purchase additional stocks of rice, maize flour, wheat flour, sugar, salt, etc.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Dec 25, 2008
Listed
Dec 15, 2008
Currency Exchange Loss:
Covered
Ended:
Jan 15, 2010