Total loan: $500


Nakuru, Nakuru, Kenya / Retail

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A loan helped to buy more stock of charcoal.

Kenneth's story

Kenneth is a married man with 2 children. He describes himself to be honest. He operates a retail business where he sells charcoal. He has been involved in this business for 3 years. His business is located in a good area and his primary customers are locals. He describes his biggest business challenge to be inadequate working capital.

He will use the Kes 50,000 loan to buy more stock of charcoal. This is his second loan with SMEP Microfinance Bank. The previous loan was repaid successfully. He will use the anticipated profits to purchase additional stock