A loan helped to open a café.

Pendo's story

PENDO, age 27, was a kindergarten teacher until she had her second child 9 months ago. Seeing that her teacher’s salary would not be enough to support her household, which includes her younger sister, 2 children, and an assistant, she left teaching and began selling merchandise door-to-door. She sells new handbags, shoes, bed sheets, and fabrics, and makes about $10-$14 a day from this trade. From the profits, she opened a small snack shop 3 months ago and now hires a shop assistant so that she can continue selling door-to-door. The shop brings in a profit of around $3-$5 a day. With her savings and a new loan, Pendo hopes to open a new business, a café.

Pendo belongs to the group Dhahabu (Swahili for “gold”), which consists of 36 other members who keep each other accountable and insure one another in paying back their loans.

Loan details

Lenders and lending teams

Loan details