A loan of $275 helped to purchase additional stock of phone accessories for sale.

Selina's story

Despite Tanzania's being a "developing" country, it is amazing how many people have mobile phones here -- not just professionals, but grandmothers in villages, school kids and street sellers. These phones are the only form of phone communication available to most people, because there are few landlines, and they are relatively inexpensive to own and use.

Selina N. is one of the many sellers trying to satisfy Tanzania’s insatiable appetite for anything mobile phone-related. She owns a phone from which people can make calls, and sells phone credit and accessories (such as batteries, chargers, earphones and cases). Selina requires a loan of $275 to purchase more of this stock. At just 38 she is already a widow, and the business enables her to support her two children, Issak, 19, and Barnaba, 15.


SELFINA is engaged in economic empowerment of women in Tanzania, where customs and traditions normally make it difficult for women to own land and assets. Because they lack tangible collateral assets, women are considered not creditworthy by financial institutions. This leads to poor financial support and poor access to basic needs and services for women with low income.

SELFINA has taken a lead role as a pioneer of micro-credit in Tanzania through Micro Leasing as a practical way to achieve economic and social emancipation of women. SELFINA buys equipment and leases it to women. When a client needs working capital, SELFINA buys equipment from her, extending her a loan, and then leases the same equipment back to her – a process called "sale and leaseback."

Loan details

Lenders and lending teams

Loan details