100%

funded

Total loan: $425

Martha

Mwanza, Mtwara, Tanzania / Food

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A loan helped To buy beans, vegetables, meat, and a variety of sauces for her cafe.


Martha's story

Mambo (Greetings!) from Tanzania! This is 39-year-old Martha A. from Mwanza. She is married with four children, between the ages of 11 and 25 years old.

Martha has been running a café business, or mama lishe. A mama lishe (local restaurant or café) in Tanzania usually consists of a rough wooden table and some long wooden benches. The food is all local: rice, ugali (a hot sticky dough made from maize flour), and plantains (a cooked savoury banana), all served with beans, vegetables, meat, and a variety of sauces.

Since 2004, Martha has worked at the business for 12 hours per day, six days per week and is assisted by two employees. Martha currently earns about 500 USD a month from her business. She is requesting a loan of 500 USD in order to buy beans, vegetables, meat, and a variety of sauces. In the future, she plans to expand her café business. Martha thanks you for her support! About the lending partner: 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 payback 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 microleasing 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.