A loan of $3,075 helped a member expansion of fish business.

Victory Self-Help Group's story

Miriam M. is a middle-aged Kenyan widow and a mother to two children. She also lives with two orphaned children, whom she must feed, clothe, and educate.

Miriam’s primary business is fish vending, which started four years ago. She got her initial capital from an informal rotating savings fund (commonly referred to as "merry go round") that her group had. She mainly concentrates on selling tilapia, but occasionally sells omena (small fish), which she says boosts her profit margin. Miriam mostly sells her fish on a retail basis to her regular customers. With her loan, however, she will be able to buy more tilapia to increase her sales and eventually expand to wholesale.

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: Miriam, Anne, Hellen, Susan, Hyline, Lydia, David, Daniel, Peter, Joshuah, Joseph

Loan details

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Loan details