Jane Akoth, owner of Blessings Hair Salon in the Nairobi suburb of Kawangware, used a microloan from Musoni – a Kenyan microfinance institution that enables clients to manage their loans via mobile phones – to buy new dryers and other machines that have helped her business grow after theft almost ruined her a few years ago. Musoni’s technology enables Jane and hundreds of entrepreneurs like her to cut out time-consuming trips to the bank and instead focus on the future – which in Jane’s case includes a dream to open a small hotel. OPIC supports Musoni through financing of CARE’s Access Africa Fund.
