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Mambo from Tanzania! This is 49-year-old Asnath S. from Dar es Salaam. She is married with six children, between the ages of 15 and 26. Asnath has been running a bar since 1999. She works at the business for 12-16 hours per day, seven days per week and is assisted by five employees. Asnath currently earns about $600 from her business. She is requesting a loan in order to purchase stock of beer and soda. In the future, she plans to expand her business. Asnath 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 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.

About Tanzania

  • $1,900
    Average annual income
  • 14
    View loans »
    Tanzania Loans Fundraising
  • $16,065,825
    Funds lent in using Kiva
  • 1,314.0
    Tanzania Shillings (TZS) = $1 USD

Success!! The loan was 100% repaid

A loan of $775 helped Asnath to purchase stocks of beer and soda.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Feb 25, 2009
Feb 14, 2009
Currency Exchange Loss:
Mar 15, 2010