Entrepreneurs We've Helped

Name: BENADETHA NYAMOGA

Location: Dar es Salaam, Tanzania

Activity: Soft Drinks

Loan Used: To purchase fruit for making juices and to buy stocks of soda and drinking water

Description: Mambo ("Greetings") from Tanzania! This is 35-year-old Benadetha Nyamonga from Dar es Salaam She is married and has two children aged 3 and 6. She is also responsible for supporting two dependants because their parents cannot take care of them. Benadetha has been selling soft drinks since 2004. She makes and sell juices, and sells soda, drinking water and other soft drinks. It is a good business to have in Dar es Salaam because the place is hot and people drink cold drinks frequently to cool their bodies. She works at her business for 9-12 hours per day, seven days per week and is assisted by two employees. Benadetha currently earns about $200 USD from her business. She is requesting a loan to purchase fruit for making juices and for buying stocks of soda and drinking water. In the future, she plans to open another business. Benadetha thanks you for her 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.