Melithe N.'s loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!
A loan helped To buy more vitenge and wool in bulk.
Melithe N.'s story
She is now requesting a loan of $425 in order to buy more vitenge and wool in bulk, and in the future plans to expand and add another business. Melithe 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 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.