100%

funded

Total loan: $500

Alphonza

nyeri, Nyeri County, Kenya / Manufacturing

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A loan helped to buy a production machine for making paper bags.


Alphonza's story

Alphonza is a 35-year-old married woman with two children. She describes herself as being aggressive. Alphonza operates a retail business where she sells brown paper bags. She has been in this business for four years. Her business is located in a strategic area and her primary customers are locals. She describes her biggest challenge to her business as having inadequate working capital.

Alphonza will use this 50,000 KES loan to buy a production machine. Her goal is to expand her business within five years. This is her first loan with SMEP Microfinance Bank. She will use the anticipated profits to purchase another machine.