Mambo from Tanzania! This is 36 years old. Elizabeth M. from Mwanza. She is married with three children, between the ages of 8 and 16. She has been running a pharmacy shop and dispensary since 2000. The name of the dispensary is K.M.T She works at the business for 16 hours per day, 7 days per week and she is assisted by her husband. Elizabeth currently earns about $250USD from her business. She is requesting a loan of $450USD to purchase more medicines such as quinine, panadol, glucose, and amoxylen. In the future, she plans to expand the business. Elizabeth thanks you for her support!
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