A loan of $1,075 helped a member to increase stock of hardware.

Subgroup C Of Group Tegemeo's story

ASILI, age 46, is married with 5 children (ages 15, 11, 8, 5 and 3). He used to work with Total Petrol Station but had to leave because the station went bankrupt. As a result, he started his own business in 2003, a hardware store called the “Mkopi Store.” The shop is open daily from 7am to 6pm. He hires 2 shopkeepers and pays a shop rent of about $45 per month. He makes a profit of around $273 per month which he uses for home expenses and school fees for his children. He also takes care of his mother who is living with them.

Asili is the leader of Subgroup C of Group Tegemeo (Swahili for “expectation”), which totals 21 members. He is going to share this loan with his subgroup members: Zainabu R. (selling charcoal & fire wood), A. M. (selling charcoal), Colleta M. (shop owner), and Zainabu A. (selling snacks). This subgroup has already shared 2 previous loans which they were able to pay back successfully.

Asili used the previous loans to buy hardware appliances for his shop. With the new loan, he hopes to once again increase his stock.

In the picture, Asili is front row and center.

In this group: Asili, Zainabu, Ally, Colleta, Zainabu

Loan details

Lenders and lending teams

Loan details