Total loan: $1,000
Naivasha, Nakuru, Kenya / Services
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A loan helped to expand the space and capacity of her hotel and hire more employees.
Fayee is a married woman with one child. She describes herself to be ambitious. Fayee operates a hotel business where she sells cooked food to her clients. She has been involved in this business for four years. Her business is located in a good area and her primary customers are locals. Fayee describes her biggest business challenge to be an insufficient workforce. She will use the 100,000 KES loan to expand the space and capacity of her hotel and to hire more employees. Her business goal is to have another hotel within five years. This is Fayee's second loan with SMEP Microfinance Bank. She repaid the previous loan successfully. She will use the anticipated profits to pay school fees.