A loan of $825 helped to buy more stock of red palm in bulk.

Luth's story

Mambo from Kyela Mbeya, Tanzania! This is 33-year-old Luth M.. She is married and has 3 children aged 9,12 and 2. She has 3 dependents who live with her because they are street children. In 2002, Luth established her red palm extraction business. Luth has already received and successfully repaid 1 loan from SELFINA, and now requires a new loan in order to buy more stock of red palm in bulk. She thanks you for your support.

SELFINA is engaged in economic empowerment of women in Tanzania through leasing and leaseback facilitation as a practical way to achieve the economic and social emancipation of 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, then leasing back the same equipment—a process called a sale and leaseback arrangement.

Loan details

Lenders and lending teams

Loan details