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Total loan: $1,175
Eldoret, Rift Valley, Rift Valley, Kenya / Retail
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Teresia's loan finished fundraising,
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A loan helped to buy more stocks of clothes.
Teresia is a married woman. She has 4 children. She describes herself as visionary. She operates a retail business where she sells clothes. She has been involved in this business for 5 years. Her business is located in a good area and her primary customers are locals. She describes her biggest business challenge to be inadequate working capital. She will use the KES 120,000 loan to buy more stocks of clothes. Her business goal is to have a wholesale business within 5 years. This is her fourth loan with SMEP Microfinance Bank. Previous loans were repaid successfully.