Category: Economic Empowerment

The lack of access to appropriate capital and business-specific knowledge are two of the major barriers to growth that small-scale businesses and entrepreneurs face. Most banks consider informal sector businesses too risky to lend to, and microfinance institutions typically offer secured loans with high-interest rates. Moreover, informal sector entrepreneurs often lack business-specific training and their understanding of basic business concepts …

Meet Ruth, a widow and a single mother who is a direct beneficiary of the Women & Youth Economic Empowerment program (W&Y). Before she joined Daraja 360 three years ago, Ruth was a depressed woman after losing her husband who was the sole provider at that time. So, she tried several menial jobs that couldn’t sustain her & her daughter. …