This campaign highlights the inspiring story of Warembo na Maendeleo, a self-help group of women entrepreneurs in Nairobi, Kenya. Formed by three determined house helps who pooled their resources to overcome financial hardships, the group has grown to 15 members and now operates a community-driven microfinance initiative.
Micro-businesses play a vital role in supporting families and communities in urban Kenya, particularly in economically challenged areas like Nairobi's informal settlements. For groups like Warembo na Maendeleo, these challenges make it difficult to expand and stabilize their businesses.
The project provides small business loans and a microfinance initiative, offering access to capital for entrepreneurs. By pooling resources and saving monthly contributions, the group empowers its members to grow their businesses and achieve financial stability through loans ranging from KSh. 1,000 to KSh. 10,000.
This project helps members become financially independent by giving them the tools and support to grow their businesses. With access to loans and training, they can improve their skills, increase their profits, and expand their businesses. As they succeed, they not only uplift their own lives but also foster growth within their community, creating a positive cycle of opportunity and empowerment that benefits everyone.
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