The OPIC Blog

Featured photo: Blessings hair salon in Kawangware, Nairobi

Picture of Jane Akoth inside Blessings Hair Salon in the Nairobi suburb of Kawangware.

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.

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