She works at the business for 9 hours per day, 7 days per week. Valentina currently earns about 150 USD a month from her business. She is requesting a loan of 325 USD in order to purchase more rice and maize for re-selling. In the future, she plans to expand her business by increasing such varieties of cereals as beans and wheat. Valentina 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 it 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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