A loan of $875 helped to purchase bulk cooking supplies and renovations.

Queen's story

Mambo from Dar es Salaam, Tanzania! This is Queen K., who is 40 years old and married with four children. She started a local café last year from which she prepares and sells delicious and inexpensive meals to local Tanzanians. She employs three people to help her run her café and currently earns monthly profits of about US$130. Queen is requesting a loan of US$875 to purchase bulk quantities of rice, wheat flour, maize flour, and cooking oil. She is also planning to use part of her loan to renovate the stall from which she runs her café business. In the future, she would like to expand her café to be able to serve more customers.

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 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 is 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

Lenders and lending teams

Loan details