|
SERO-LEASE & FINANCE
Ltd
Sero Lease and Finance Limited (SELFINA) was
incorporated in April 2002 as an indigenous
MFI to assist women to
build a solid economic base for themselves
and for their families as a practical way to
achieve economic and social
emancipation of women.
SELFINA has taken a lead role as a pioneer
of micro-credit in Tanzania through
Micro-Leasing, with particular
attention to widows and young girls. Customs
and traditions in Tanzania normally make it
difficult for women to
own
land and assets. Many women are therefore
considered not creditworthy by financial
institutions in the
country as they lack tangible collateral
assets. This leads to poor financial support
hence poor
access tobasic needs and services for
women with low incomes, the problem being
even
more acute
for widows -who have to single-handedly
take care of their families.
The founder of Sero Lease and Finance (SELFINA)
Dr. Victoria Kisyombe (CEO)
IMPACT OF SELFINA’S INTERVENTION |
