Dr. Victoria Kisyombe is the founder and CEO of SELFINA, a company in Tanzania that provides micro-leasing to mostly widows and young girls. Victoria is a leader who has used innovation, initiative, and determination to empower women in Tanzania to become economically self-sufficient.
Given women’s lack of collateral and resulting lack of access to capital, Victoria began pioneering micro-leasing as a solution. Her pioneering micro-leasing model as an alternative way to financing women has generated praise beyond Tanzania, and efforts are under way to expand the model to other countries in the region.
She has gone on to economically empower more than 25,000 women with a total credit worth 25 billion Tanzanian Shillings (approximately $16 million US dollars). Over 200,000 lives have been impacted through the benefits accrued.