Funded

Total loan: $625
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Abigail M.

Tanzania
Mbeya, Tanzania / General Store

A loan of $625 helped to purchase items in bulk for her business.


Abigail M.'s story

Mambo (Greetings) from Tanzania! This is 30-year-old Abigail N. from Mbeya. She is married with 2 children, aged 7 and 10. Abigail has been running a "duka" business since 2007. She owns a small "duka" or neighborhood shop in the city where she sells common household and grocery items.

She works at the business for 9-12 hours per day, 7 days per week. Abigail currently earns about 250 USD a month from her business. She is requesting a loan of 600 USD in order to purchase items in bulk for her business. In the future, she plans to diversify her business. Abigail 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 micro-finance 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.


Loan details

Loan length:

8 months
Disbursed date: April 30, 2009
Facilitated by Field Partner: Sero Lease and Finance Ltd. (SELFINA)

Lenders and lending teams



Loan details

Loan length:

8 months
Disbursed date: April 30, 2009
Facilitated by Field Partner: Sero Lease and Finance Ltd. (SELFINA)