Flora's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!
A loan helped To purchase rice, maize, and beans.
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 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 services for women with low incomes. One of the primary advantages of micro-leasing is that it allows clients to use equipment as collateral for future loans with SELFINA, thus enabling them to borrow larger sums in the future.