Purity Wangari Munene

Purity Wangari Munene is a 33 year old mother of two children who both attend junior school. She is not married and is solely responsible for the well-being of her family. She earns her living by running a clothes boutique at the city center. The boutique is suitably located at a very busy street where she receives plenty of clients who are attracted by her tempting display of garments. She stocks a wide variety of new ladies clothes in various sizes. Her items are fashionable and come at low prices, hence guaranteeing her a steady supply of clients.

Purity began this business two years ago after failing to get formal employment in the secretarial field in which she has trained. It started as a small business, which has eventually grown to a bigger shop that has plenty of regular customers. However, she lacks adequate capital to maintain the steady growth her business has been experiencing - at times her stock gets depleted and she cannot replenish it in good time.

She is therefore requesting a loan of US$600 to assist her in running the business at a level where the business will expand while giving her a steady income stream. She is capable of repaying the loan.

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.