100%

funded

Total loan: $1,175

Sophie

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Voi, Taita-Taveta County, Kenya / Retail

Sophie's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!


A loan helped to buy more stock of sugar, cooking oil, rice and other items.


Sophie's story

Sophie is a single woman with two children.

Sophie operates a retail business where she sells sugar, bread, cooking oil, flour and other items. She has been involved in this business for 16 years. Her business is located in a good area and her primary customers are locals. She describes her biggest business challenge to be price fluctuations.

This is her sixth loan with SMEP Microfinance Bank. Previous loans were repaid successfully. Her business goal is to have a mini supermarket within 5 years.

Sophie will use the KES 120,000 loan to buy more stock of sugar, cooking oil, rice and other items.

She will use the anticipated profits to open a mini supermarket.