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Total loan: $500
Machakos, Machakos, Kenya / Retail
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Matthew's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!
A loan helped to buy more hardware items to sell.
Matthew is married and the father of two children. He describes himself as innovative and operates a hardware where he sells paint and other items. He has been in this business for five years and his business is located in a good area where most of his customers are locals. He describes his biggest business challenge as inadequate working capital, and he is requesting a Kes 50,000 loan to buy more hardware items to sell. This is his first loan with SMEP Microfinance Bank and he will use the profits he expects to earn to open another hardware store.