A loan of $800 helped to buy more stock.

Johari's story

Mambo from Tanzania! This is 36-year-old Johari M. from Mwanza. She is married with two children, aged 13 and 23. Johari has been running a shop since 2006, selling soaps, Whitedent, water, perfumes, body lotions, sugar, maize flours and wheat flours. She works at the business for twelve hours per day, seven days per week, and is assisted by her husband. Johari currently earns about 300USD per month from her business. She is requesting a loan of 800USD in order to buy more stock. In the future, she plans to open a new business. Johari 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 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 micro leasing is that it allows clients to use equipment as collateral for future loans with SELFINA, thus enabling them to borrow large sums in the future.

Loan details

Lenders and lending teams

Loan details