A loan of $750 helped to increase inventory.

Happiness's story

Mambo (Greetings!) from Tanzania! This is 38-year-old Happiness M. from Dar es Salaam. She is married with two children ages two and seven years old. Happiness has been running a pharmacy since 2001. A pharmacy in Tanzania is traditionally a small store that has many glass shelves in which a variety of medicines are displayed, from antibiotic soap to malaria medicine. She works at the business for 13-16 hours per day, six days per week and is assisted by her husband. She is requesting a loan of 750 USD in order to increase her inventory. Happiness thanks you for her support!

SELFINA has taken a lead role as a pioneer of micro-credit through micro-leasing in Tanzania. The organization is engaged in the economic empowerment of women and uses 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 deemed non-creditworthy by financial institutions. This leads to 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 the equipment as collateral for future loans with SELFINA, enabling them to borrow larger sums in the future.

Loan details

Lenders and lending teams

Loan details