A loan of $900 helped to purchase additional stocks of used clothing for sale.

Zainabu's story

This is 49 year-old Zainabu Luhoza. She runs a business selling gently used clothing in the rural town of Tangini, about 30km outside Dar es Salaam. She requires a loan of $900 to purchase additional stock, which she hopes will help her to increase her modest monthly profit of about $50. Zainabu is a widow and has two children, Kidawa, 15, and Zaima, 17. She thanks you for your support.

SELFINA is engaged in economic empowerment of women in Tanzania through leasing and leaseback facility as a practical way to achieve economic and social emancipation for women.

SELFINA has taken a lead role as a pioneer of micro-credit in Tanzania through Micro-Leasing. Customs and traditions in Tanzania normally make it difficult for women to own land and assets, thus they are termed not-creditworthy by financial institutions as they lack tangible collateral assets. This leads to poor financial support hence poor access to basic needs and services for women with low incomes.

SELFINA buys and leases equipment to women. Where a client needs working capital, SELFINA buys equipment from said client extending a loan to her and then leases back the same equipment – a process called a sale and leaseback arrangement.

Loan details

Lenders and lending teams

Loan details