Total loan: $1,000
Molo, Nakuru County, Kenya / Retail
Flag of Kenya
Nicodemus's loan finished fundraising,
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A loan helped to buy more stock of flour, bread, sugar, soap and other items.
Nicodemus is a married man with 2 children. He describes himself to be focused. He operates a retail business where he sells bread, flour, sugar, sweets and other items. He has been involved in this business for 8 years. His business is located in a busy area and his primary customers are locals. He describes his biggest business challenge to be inadequate working capital. He will use the Kes 100,000 loan to buy more stock of flour, bread, sugar, soap and other items. He hopes that in the future, he will have improved living standards. This is his fourth loan with SMEP Microfinance Bank. Previous loans were repaid successfully. He will use the anticipated profits to pay school fees