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Olipa A.
Mambo (Greetings!) from Tanzania! This is 41-year-old Olipa M. from Tukuyu. She is divorced with three children between the ages of 13 and 25. Olipa has been running a bar since 2004. Her bar is a good place to chill with a beer if you manage to finish work early on a Friday afternoon. It’s the kind of place where you kick back on a plastic chair under a tree, with a local beer in hand, the aroma of roasting ‘mishikaki’ (kebabs made on an open fire) wafting around you, and talk to anyone and everyone who happens to wander by.



She works at the business for 12 hours per day, 7 days per week. Two employees assist her. Olipa currently earns about 200USD a month from her business. She is requesting a loan of 400USD in order to purchase more crates of beer, soft drinks, and other drinks, like whisky, for her business. In the future, she plans to open the same business in a new location. Olipa thanks you for your support!



ABOUT SELFINA:
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 micro leasing 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
  • 31
    View loans »
    Tanzania Loans Fundraising
  • $14,312,325
    Funds lent in using Kiva
  • 1,289.0
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped Olipa A. to purchase more crates of beer, soft drinks, and other drinks for her business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Mar 30, 2009
Listed
Mar 16, 2009
Currency Exchange Loss:
Covered
Ended:
Dec 10, 2010