Total loan: $475
Mbozi, Mbeya, Tanzania / Retail
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Juliana A.'s loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!
A loan helped To buy more material in bulk.
Juliana A.'s story
Mambo (Greetings!) from Tanzania! Here we present Juliana M. from Mbozi. She is 30, married and has four children, between the ages of 8 and 15. Additionally, she is responsible for supporting one dependent who is an orphan. Juliana has been running a shoe business since 2006. She buys material, such as leather, and make shoes to sell. She works at her business for 13 hours a day, 7 days a week, and is assisted by her husband. Juliana earns about 230USD a month from her business. She is requesting a loan in order to buy more materials in bulk. In the future, she plans to increase the stock for her business. Juliana 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 it allows clients to use the equipment as collateral for future loans with SELFINA, thus enabling them to borrow larger sums in the future.