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Mary
Mambo from Tanzania! This is 31-year-old Mary Miyaniko from Mwanza. She is married and has two children between the ages of 10 and 12. Mary has been running a tailoring business since 2006. She purchases vitambaa (material), vitenge (a traditional Tanzanian cloth with wax print), and kanga (printed cotton fabric often with a border along all four sides), and makes them into clothing, mainly for women. She works at the business for 12 hours per day, six days per week, and is assisted by one employee. Mary currently earns about $120 from her business. She is requesting a loan of $400 in order to buy vitambaa, vitenge, and kanga. In the future, she plans to add more material to make more clothing for sale. Mary thanks you for your support!


About SELFINA


SELFINA has taken a leading 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, thereby enabling them to borrow larger sums in the future.

About Tanzania

  • $1,900
    Average annual income
  • 42
    View loans »
    Tanzania Loans Fundraising
  • $14,807,750
    Funds lent in using Kiva
  • 1,302.0
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Mary to buy materials to make and sell traditional African clothing.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Mar 23, 2009
Listed
Mar 9, 2009
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2010