Tumaini Fund for Economic Development International

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.

However, as taking her family in her concern, things became very different.

The sixty-year-old woman decided to boost her hotel with more capital to afford to assist her family, especially her precious grandchildren’s school fees. Like other local Kenyan businessmen or women, it was really difficult for her to loan from formal banks.

TFEDI’s microfinance is accessible to anyone who wants to start or boost his/her own business. She took a chance from the microfinance programme. So far she has received the loan three times, therefore she have managed to send her grandchildren to school.

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