Funded

Total loan: $1,950
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Wedagni Group

Kenya
Kisumu, Kenya / Shoe Sales

A loan of $1,950 helped a member to purchase shoes in bulk.


Wedagni Group's story

Michael O. is a young Kenyan father. He is 30 years old with two children. He also lives with the orphaned child of his late brother, who perished two years ago.

Michael started his business three years ago after accumulating savings from his former work place, a local petrol station in the town of Kisumu. He currently sells men’s shoes but would like to diversify his inventory to include children's and ladies' collections.

As the bread winner for the family, expanding his inventory would allow him to support both his children and his wife, who does not have a job. With the little profit that he gets from the business, Michael struggles to pay the house rent and feed and clothe his children. With the help of his loan, he will be able to add more stock and increase his monthly sales.

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.

In this group: Michael, Beatrice, Elizabeth, Roseline, Philgona, Alima
*not pictured


Loan details

Loan length:

9 months
Disbursed date: May 27, 2008
Facilitated by Field Partner: Opportunity International- Wedco Ltd.

Lenders and lending teams



Loan details

Loan length:

9 months
Disbursed date: May 27, 2008
Facilitated by Field Partner: Opportunity International- Wedco Ltd.