Retail News Kenya

Kenya: Cash alone won't make microfinance work

NAIROBI/TRANSMARA: Two years ago, fed up with a husband who drank too much and provided too little, Julie Amunga, who lives in the sprawling Mathare slum in the capital, Nairobi, decided to start a business that would enable her to support her family.

“My friends and I all had husbands who drank too much and beat us at home and yet they were not providing anything for the home,” she told IRIN/PlusNews. “We would sleep with other men secretly to provide for our children but we realized we were not helping our children because prostituting would only make us acquire HIV and die early.”

Amunga and five friends decided to pool their savings and use them to start small businesses; they also got a microfinance loan from the Jamii Bora Trust, which works to empower youth and women in Nairobi's slums.

Read the full article on IRIN.

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