Puerto Vallarta and Mexico News

Puerto Vallarta and Mexico News

‘Land loans’ offer Tanzanian women entrepreneurs chance to grow

Mshindi Mayenga, a hairdresser in the Tanzanian capital, had a vision to expand her business. She wanted to transform her small salon from a dilapidated rented room into a larger 'main street' enterprise, but every time she applied for a bank loan her request was turned down.

She did not own her home, or any land, and had no assets to serve as collateral for the loan.

"I was asked to present valuable assets to support my application but I did not have any," she said.

After a long struggle, the 31-year-old entrepreneur from a bustling Dar es . . .

Read Full Story

Related Posts

Mexican peso exchange rate

Peso weakens past 18 as markets weigh war and rates

The peso slipped past 18 per dollar after Banxico cut rates and global tensions lifted...

Why $100 Oil Still Raises Everyday Costs in Mexico

Mexico produces oil, but households still absorb fuel shocks through freight, food prices, tax subsidies,...
UN warns toxic pollution is shortening lives in Mexico

UN warns toxic pollution is shortening lives in Mexico

A UN expert says toxic contamination in Mexico has become structural, harming health, water, and...
Mexico Finds Missing Aid Boats Near Havana, Crew Safe

Mexico Finds Missing Aid Boats Near Havana, Crew Safe

Mexico’s Navy located two missing aid boats headed to Cuba near Havana, ending a tense...