100%

funded

Total loan: $600

Nicholas

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Nairobi, Nairobi, Kenya / Construction

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A loan helped to buy more stock of carpentry materials.


Nicholas's story

Nicholas is a married man. He has seven children. He describes himself to be focused. He operates a carpentry business where he sells furniture. He has been involved in this business for 10 years. His business is located in a busy area, and his primary customers are locals.

He will use the KES 60,000 loan to buy more stock of carpentry materials. He hopes that in the future, he will have more business outlets. This is his sixth loan with SMEP Microfinance Bank. Previous loans were repaid successfully. He will use the anticipated profits to pay school fess and cater for other family needs.