Meet a Kiva borrower on Instagram live today at 4pm EST for World Refugee Day!
Grace J.'s loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!
A loan helped To purchase more khanga in bulk.
Grace J.'s story
Grace works at the business for 9 to 12 hours per day, 6 days per week and is assisted by her husband. She is requesting a loan of 625 USD in order to purchase more khanga in bulk. In the future, she plans to expand her business. Grace thanks you for your support!
ABOUT SELFINA: SELFINA has taken a lead role as a pioneer of micro-credit through micro-leasing in Tanzania. The organization is engaged in the economic empowerment of women and uses 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 deemed non-creditworthy by financial institutions. This leads to 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, enabling them to borrow larger sums in the future.