100%

funded

Total loan: $250

Paul

Flag of Kenya
Kisumu, Kisumu, Kenya / Manufacturing

Paul's loan finished fundraising,
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A loan helped to buy more metal for making shovels and other tools.


Paul's story

Paul, age 50, runs a metal workshop to earn a living. He makes shovels and other implements in his shop. He is a well-respected engineer who fabricates machinery that makes farming work much easier, and his clients are enthusiastic about his products. Paul and his wife have raised two children, now ages 25 and 27, and they live in the city of Kisumu. He has been able to support his family through his business.

Paul wants to expand his metal workshop and increase his business. He requested a loan in the amount of Kes 25,000, which he will use to buy more metal for making shovels and other tools. He is a very aggressive businessman, and he is confident that he will boost his sales through this loan, thereby increasing his profit. With the expected profits, he will repay the loan and reinvest into his business.

He likes helping people, and he has employed staff who work for him. This is Paul's first loan cycle, and his dream is to grow his business into a large manufacturing company where he can employ many people.