Tumaini Fund for Economic Development International

Sucess Stories

Rosemary Waithira Mwangi

Rosemary Waithira Mwangi

Member: Rosemary Waithira Mwangi

Business: beauty shop

Loan:1st - Kshs.20,000.00; 2nd - Kshs. 10,000.00; 3rd- Kshs. 30,000.00

Rosemary Waithira Mwangi owns a beauty shop in Kariobangi North Market, Nairobi. She succeeded to expand her shop with microfinance loan of TFEDI. Before she obtained loans from the microfinance programme, Rosemary had struggled from lack of capital to expand her business.

 

The fifty-eight-year widow received the loan three times. With the loans, she successfully expanded her shop. Currently, her shop deal not only with beauty stuff including wigs, hair piece, and accessories, but also with some sweets and soft drinks.

Rosemary is dreaming to expand her business more, and keep on increasing her stock with the profit she makes through TFEDI loans.

 

Doroas Muhila

Doroas Muhila

Member: Doroas Muhila

Business: Mobile cloth-selling

Loans: 1st - Kshs.10,000.00; 2nd - Kshs.15,000.00

Doroas Muhila received Kshs. 10,000.00 through TFEDI’s microfinance programme. After completing repayment of the first loan, she has attained one more loan from TFEDI of Kshs. 15,000.00.

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Margaret Kathini Mamumuge

Margaret Kathini MamumugeMember: Margaret Kathini Mamumuge

Business: Tailoring shop
Loan: 1st - 10,000.00; 2nd- 12,000.00

Margaret Kathini Mamumuge owns a tailoring shop in Kariobangi South Market, Nairobi. Her motivation to apply to TFEDI’s loan was to buy machines for a tailor-training school which she is working on since 1995.

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Margaret Wanjiku

 Margaret Wanjiku Member: Margaret Wanjiku

Business: Small Restaurant

Loan: 1st - Kshs.5,000.00; 2nd - Kshs.5,000.00; 3rd - Kshs.5,000.00

Margaret Wanjiku applied for a loan with TFEDI to financially assist her family.She owns a small restaurant which is called ‘hotel’ locally, in John Saga, Nairobi, before she borrowed loan from TFEDI. She could not meet her financial needs.

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Nancy Wambu

Nancy Wambu

Member: Nancy Wambu

Business: Mobile cloth-selling

Loan: 1st, 5,000.00; 2nd, 10,000.00.

Nancy Wambu has received loans twice from TFEDI’s microfinance programme, with complete repayment.
Nancy has three children as a single mother,she has to provide basic needs to her kids alone. The thirty-year-old single mother walks door to door selling clothes in Eastleigh, Nairobi.

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Mariam Hassan

Mariam Hassan

Member: Mariam Hassan

Business: Mobile beauty-selling

Loans:1st - 5,000.00; 2nd - 10,000.00, 3rd - 12,000.00

Mariam Hassan started her own business with TFEDI’s microfinance programme. When she was married, Mariam’s most concern was her children’s education like other mothers.

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Elizabeth Warinya

Elizabeth Warinya

Member: Elizabeth Warinya

Business: Retail shops, Hair salon, Charcoal selling

Loan: Kshs.40,000.

Elizabeth Warinya received 40,000 Kshs loan from TFEDI. The loan was to boost her business of retail shop, a hair salon, and charcoal selling. The twenty-seven-year woman is one of the most successful women in her community.

 

Elizabeth is achieving one of her goals, which is to build a house which is  almost complete for her family with her business profits.

 

Mercy Mbithe

Mercy Mbithe

Member: Mercy Mbithe

Business: small restaurant

Loans:1st 5,000  2nd 10,000

Mercy Mbithe successfully owns a small restaurant with TFEDI’s microfinance programme. Before she received the loan, her restaurant was just a food stand selling only chips (French fries). The twenty-six-year woman expanded her business with the capital. The plan succeeded very well.

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Veronica Mujeni

Veronica Mujeni

Member: Veronica Mujeni

Business: Mango selling and charcoal selling

Loan: 10,000.00

Veronica Mujeni owns a shop to sell mangos and charcoals. Her business is boosted by TFEDI’s microfinance program. Veronica had a mango shop before receiving the loan. With the microfinance program, she started charcoal selling next to mango shop.

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