Funded

Total loan: $250
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Mwajuma

Tanzania
Mbeya, Tanzania / Food Market

A loan of $250 helped t o purchase additional stocks of rice, maize flour, wheat flour, sugar, salt, etc.


Mwajuma's story

Mwajuma H M. is 45 years old. She is a married woman with one child, aged 25 years. Mwajuma has been running a grocery business since 2008. She has two dependants who depend on her because they are orphans. She works seven days per week and 12 hours per day. She is requesting a loan of 275 USD in order to purchase additional stocks of rice, maize flour, wheat flour, sugar, salt, etc. In future she is planning to increase the quantity and range of the stock.

She 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 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

Loan length:

14 months
Disbursed date: December 25, 2008
Facilitated by Field Partner: Sero Lease and Finance Ltd. (SELFINA)

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: December 25, 2008
Facilitated by Field Partner: Sero Lease and Finance Ltd. (SELFINA)