Florence W. Nairitu

"The security is a big, big problem. You want the money, you don’t have the security. You go to that bank, and maybe they give you just small money — and yet you see now the economy and how it is, that money is going to make you have a headache. Because it’s not enough to get the goods, it’s not enough to clear and to buy the goods."  

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Pre EFL Loans:   "Merry-go-round" & Microfinance

Post EFL Loans: $USD 11,764 (1.0M KSH)

"They avoid taking the risk of a small bussiness coming up... But, I believe with small businesses they [the banks] should motivate, and encourage—and fund them." 

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Pre EFL Loans:   $USD 2,000 & $5,000

Post EFL Loans: $USD 16,000 (1.4M KSH)

Leah M. Mwaura

"Now I'm transacting in millions ...  when I got the loan of 2 million I had my own capital, and other capital. So, I can say that I'm proud - it has moved me from point A to C ... To be sincere it has tripled my business. And, I expect to do better after finishing this current loan. "

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Pre EFL Loans:   Small group loans & Microfinance

Post EFL Loans: $USD 7,000 (600,000 KSH)

Post EFL Loans: $USD 24,000 (2.0M KSH)

Beatrice Kambo

"Collateral is the problem.  When you are building your business up, you go to a bank and you ask for a loan. They ask for a collateral but you don’t have it—title deed, assets, certificates, allotments… You don’t have them. But you know that you’re capable."  

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Pre EFL Loans: 50,000 KSH; 200,000 KSH; 300,00 KSH; 500,000 KSH; 1.0M KSH; 2.0M KSH; overdraft issue downgraded her back to 500,000 KSH

Post EFL Loans: ~$USD 11,700 (1.0M KSH)

Peter M. Kinyanjui

"People don't take loans because of the guarantors and assets that the banks want. And, I know that most of the people—they are capable to pay for the loans, but to get the loan—it´s difficult."

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Pre EFL Loans:   None

Post EFL Loans: $USD12,000 (1.0M KSH)

                                       $USD16,000 (1.5M KSH)