Jane Wangui Ngwareni

Jane Wangui Ngwareni is a 38 year old mother of two children. She assumed all the responsibilities for her family upon her husband’s demise a few years ago. She earns her living selling shoes and clothes along a busy road within Mombasa. Her merchandise consists of a variety of both men's and ladies' clothes and footwear. She displays her wares on a small stall along the sidewalk where buyers come to make their selection. The items are stylish and fashionable, and thus are well liked by the customers. Her business has been operational for seven years and her earnings have been useful in providing for her basic needs.

Jane's type of business experiences a great demand especially during holidays and festive seasons. Her main problem has been raising capital to keep the business running at a profitable level since most of her income is used to cater for her personal needs. She also incurs high costs for the space on which her stall is located as well as paying a daily business license fee. She requests a loan of US$650 to invest towards the growth of the business. The funds will be used to purchase more clothes and shoes for sale.

Disclaimer: Due to recent events in Kenya, the security situation in many communities remains unsettled, affecting many local businesses. Lenders to this entrepreneur should be aware that this loan may represent a higher default risk, and should be willing to accept this additional risk in making their loan.