Funded

Total loan: $625
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Anna A.

Tanzania
Mbeya, Tanzania / General Store

A loan of $625 helped to purchase more beans, rice and cooking oil in bulk.


Anna A.'s story

Mambo (Greetings!) from Tanzania! This is 39-year-old Anna Ng’ondya from Mbeya. She is married with four children between the ages of 10 and 20. Anna has been running a genge business since 2008.

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

She works at the business for 13 to 16 hours per day, six days per week. Anna currently earns about US$44 a month from her business. She is requesting a loan of US$600 in order to purchase more beans, rice and cooking oil in bulk. In the future, she plans to increase the stock of goods. Anna 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:

8 months
Disbursed date: February 28, 2009
Facilitated by Field Partner: Sero Lease and Finance Ltd. (SELFINA)

Lenders and lending teams



Loan details

Loan length:

8 months
Disbursed date: February 28, 2009
Facilitated by Field Partner: Sero Lease and Finance Ltd. (SELFINA)