This is 54-year-old Febronia H. from Dar es Salaam. She is married and has two children, ages 32 and 34. Additionally, she is responsible for supporting one dependant because his parents do not take care of him. Febronia has been running a poultry business since 2006. Raising kuku (kuku means chicken in Swahili) is popular in Tanzania, because they require little start-up capital. Poeple can start with one or two, and either buy additional ones as they have the money or they can let them multiply naturally! Also, chickens do not require much space, so sometimes they just let them run around in their garden or compound. In addition, while the chicks are growing they produce eggs, which can either be sold to provide a supplementary source of income, or eaten to provide a supplementary source of protein. Febronia's business is doing well; she works at the business for eight hours per day, seven per week and is assisted by one employee. Febronia currently earns about $300 USD from her business. She is requesting a loan of $850 USD to purchase additional chicks, chicken feed, and veterinary medicines. In the future, she plans to expand her business. Febronia thanks you for your 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 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 micro leasing is that is allows clients to use equipment as collateral for future loans with SELFINA, thus enabling them to borrow larger sums in the future.
51View loans »