A loan of $650 helped purchase of more goods.

Ali Gitonga's story

Ali Gitonga N. is a volunteer member of the Runyenjes Group in Runyenjes, Kenya. The group has received training from K-MET on home-based patient care services and is also part of the K-MET microfinance program.

Ali sells music and electronics in Embu, Kenya. He has both a kibanda (stall) and a shop, which he decided to rent because it provides more security. Ali and his 3 employees sell light bulbs, sockets, and electronics as well as a selection of music CDs.

He was first an employee at the kibanda, but bought the stall in 2006. In 2008, Ali bought the shop. He says that business is good, but he needs capital to boost it.

Ali has applied for a loan of approximately 675 USD in order to buy more stock of electronics and music. This is his second loan. Ali says that he noticed an improvement in business when he was able to add more variety to his stock using his first loan, so he would like to improve upon that by adding even more variety. Competition is high in the music business, so Ali wants to be able to offer different selections.

In the future, Ali would like to own a large electronics story, perhaps venturing into a wholesale business.

Loan details

Lenders and lending teams

Loan details