Business: Mobile cloth-selling
Loans: 1st – Kshs.10,000.00; 2nd – Kshs.15,000.00
Doroas Muhila received Kshs. 10,000.00 through TFEDI’s microfinance programme. After completing repayment of the first loan, she has attained one more loan from TFEDI of Kshs. 15,000.00.
The 35 year old woman walked door to door selling clothes in Buruburu and Kariobangi, Nairobi, before she received the loan.
However, Doroas could not earn enough income to sustain her business. Without more income from her business, she could not afford to send her two children to school.
With TFEDI’s loan, she bought more clothing stocks to be able to sell to as many customers as possible. Nowadays, Doroas earns more income than before and she managed to send her two children to school which is her biggest concern like any other mother.
She is planning to expand her business so that she can give her children higher educational opportunities.
Business: Mobile cloth-selling
Loan: 1st: Kes 5,000.00; 2nd : Kes 10,000.00.
Nancy Wambu has received loans twice from TFEDI’s microfinance programme, with complete repayment.
Nancy has three children as a single mother,she has to provide basic needs to her kids alone. The thirty-year-old single mother walks door to door selling clothes in Eastleigh, Nairobi.
However, she could not afford to send her growing children to school. As she was looking for capital to invest and expand her own business, she found out TFEDI’s microfinance programme was lending small loans to the community.
Then, she succeeded to acquire loan from the TFEDI. Thanks to her diligence in both business and housework, she can earn enough income from her business to send all her kids to school by herself.
Rosemary Waithira Mwangi
Business: beauty shop
Loan:1st – Kes 20,000.00; 2nd Kes 10,000.00; 3rd Kes 30,000.00
Rosemary Waithira Mwangi owns a beauty shop in Kariobangi North Market, Nairobi. She succeeded to expand her shop with microfinance loan of TFEDI. Before she obtained loans from the microfinance programme, Rosemary had struggled from lack of capital to expand her business.
The fifty-eight-year widow received the loan three times. With the loans, she successfully expanded her shop. Currently, her shop deal not only with beauty stuff including wigs, hair piece, and accessories, but also with some sweets and soft drinks.
Rosemary is dreaming to expand her business more, and keep on increasing her stock with the profit she makes through TFEDI loans.
Business: small restaurant
Loan: 1st: 5,000; 2nd, 5,000; 3rd: 5,000.
Margaret Wanjiku has applied to TFEDI’s microfinance programme to financially assist her family.
Margaret has owned her small restaurant which is called ‘hotel’ locally, in John Saga, Nairobi, before she borrowed loan from TFEDI. She could afford to sustain her own life without expanding her business. However, as taking her family in her concern, things became very different.
The sixty-year-old woman decided to boost her hotel with more capital to afford to assist her family, especially her precious grandchildren’s school fees. Like other local Kenyan businessmen or women, it was really difficult for her to loan from formal banks.
TFEDI’s microfinance was accessible for anyone who wants to start and boost own business. She took a chance from the microfinance programme. By far, she received the loans three times, and managed to send her grandchildren to school.
Margaret Kathini Mamumuge
Business: Tailoring shop
Loan: 1st – 10,000.00; 2nd– 12,000.00
Margaret Kathini Mamumuge owns a tailoring shop in Kariobangi South Market, Nairobi. Her motivation to apply to TFEDI’s loan was to buy machines for a tailor-training school which she is working on since 1995.
To give more women opportunities to learn tailoring and eventually skills to become self-sufficient, Margaret decided to apply for a loan With TFEDI.She bought another sewing machine and more clothing materials for training her students and also boosting more opportunities to let them have experience.
She has already trained more than forty women. These women left from Margaret’s training school and became independent as tailors.Margaret have so far empowered so many women in her tailoring school,thank to TFEDI!
Business: Retail shops, Hair salon, Charcoal selling
Elizabeth Warinya received 40,000 Kshs loan from TFEDI. The loan was to boost her business of retail shop, a hair salon, and charcoal selling. The twenty-seven-year woman is one of the most successful women in her community.
Elizabeth is achieving one of her goals, which is to build a house which is almost complete for her family with her business profits.
Business: Mobile beauty-selling
Loans: 1st – 5,000.00; 2nd – 10,000.00, 3rd – 12,000.00
Mariam Hassan started her own business with TFEDI’s microfinance programme. When she was married, Mariam’s most concern was her children’s education like other mothers.
However, her concern was emergency because Mariam was married with her partner who had already four children.She decided to start a small business in order to support the children with basic needs and education with the help of TFEDI loan.Her oldest son, twenty-six-year old, went even to a university and completed his degree,thanks to TFEDI!
Business: small restaurant
Loans:1st 5,000 2nd 10,000
Mercy Mbithe successfully owns a small restaurant with TFEDI’s microfinance programme. Before she received the loan, her restaurant was just a food stand selling only chips (French fries). The twenty-six-year woman expanded her business with the capital. The plan succeeded very well.
She owns a small restaurant to serve variety of food including chai, chapatti, chips, and so forth.Moreover, her business is helping her community. The young restaurant owner have so far employed two boys and a girl.
Business: Mango selling and charcoal selling
Veronica Mujeni owns a shop to sell mangos and charcoals. Her business is boosted by TFEDI’s microfinance program. Veronica had a mango shop before receiving the loan. With the microfinance program, she started charcoal selling next to mango shop.
Her motivation to apply for the loan was based on concern of her youngest child.
To boost her business, the forty-one-year old mother had a big trust on TFEDI. This is because her daughter, Mercy Mbithe, already attained a loan from TFEDI and succeeded in her business.
Veronica also succeeded in boosting her own business like her daughter’s, and now she can afford school fees for her youngest child.