A loan of $425 helped to purchase maize in bulk.

Nurat's story

Mambo from Tanzania! This is 28-year-old Nurat S. from Mwanza. She is married with one four-year-old child. Nurat has been running a maize flour business since 2006. A typical maize business is a stand on the side of the road where maize is often piled high in baskets. Customers can scrutinize the quality of the product before purchase and can specify the exact amount they would like. Maize is very important to the Tanzanian culture because maize is used to make one of their staple dishes, ugali, which is made solely of maize flour and water. She works at the business for 12 hours per day, six days per week. Nurat currently earns about 200 USD a month from her business. She is requesting a loan of 425 USD in order to purchase maize in bulk. Nurat thanks you for her support!

SELFINA has taken a lead role as a pioneer of microcredit in Tanzania. The organization is devoted to the economic empowerment of women in Tanzania through microfinance as a practical way to achieve the economic and social emancipation of women. Customs and traditions in Tanzania make it difficult for women to own land and assets; thus, they are deemed non-creditworthy by financial institutions. This leads to poor financial support and hence poor access to basic needs and services for women with low incomes. One of the primary advantages of microleasing is that it allows clients to use the equipment as collateral for future loans with SELFINA, enabling them to borrow larger sums in the future.

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Loan details