100%

funded

Total loan: $450

Gibson

Flag of Kenya
Kakamega, Kakamega, Kenya / Retail

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


A loan helped to expand his business by buying additional stock of petroleum.


Gibson's story

Gibson is a 47 year old man. He has 5 children. Gibson describes himself to be creative. He operates a retail business where he sells petroleum. Gibson has been involved in this business for 15 years. His business is located in a good area and his primary customers are locals.

Gibson describes his biggest business challenge to be inadequate working capital. He will use the KES 45,000 loan to expand his business by buying additional stock of petroleum. Gibson's business goal is to own another branch within 5 years. This is his first loan with SMEP Microfinance Bank.

Gibson will use the anticipated profits to invest back into the business and pay the loan.