Funded

Total loan: $375
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Neem A.

Tanzania
Mbeya, Tanzania / General Store

A loan of $375 helped to purchase sugar, rice and soaps in bulk.


Neem A.'s story

Mambo (Greetings!) from Tanzania! This is 29 years old Neem M. from Tukuyu. She is married with three children between the ages of three and 10 years old.

Neem has been running a genge business since 2005. The Swahili word for this type of outside shop, or stall, is genge. A genge is a very basic structure made of wood with a tin roof, which sells general items such as onions, tomatoes, chilli, oil, rice, and dried fish. It is the kind of place local people send their children to fetch ingredients when they are in the middle of cooking the evening meal and do not have time to go all the way to the market to buy the missing ingredient.

She works at the business for 9 to 12 hours per day, seven days per week. Neem currently earns about $60 USD a month from her business. She is requesting a loan of $ 400 USD in order to purchase sugar, rice and soaps in bulk. Neem thanks you for your support!

ABOUT SELFINA: 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 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: January 30, 2009
Facilitated by Field Partner: Sero Lease and Finance Ltd. (SELFINA)

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: January 30, 2009
Facilitated by Field Partner: Sero Lease and Finance Ltd. (SELFINA)