A loan of $400 helped to purchase bedsheets for resale.

Jennifer's story

Mambo from Tanzania! This is 39-year-old Jennifer M. from Mwanza. She is married with one child aged eight. Jennifer has been running a tailoring business since 1999. Client’s business is to make tailoring clothes. She works at the business for 12 hours per day, six days per week. Jennifer currently earns about 150 USD from her business. She is requesting a loan of 400 USD in order to purchase bedsheets and resell them. In the future, she plans to add more types of cloth. Jennifer thanks you for your 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

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Loan details