Total loan: $1,500


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Changamwe, Coast, Kenya / Services

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

A loan helped to renovate her rental units and buy more items for hairdressing.

Ann's story

Ann is a 28-year-old married woman. She has 1 child. She describes herself as honest. She operates a barber shop where she provides hairdressing services and rental units where she provides rental services. She has been involved in this business for 6 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 150,000 KES loan to renovate the rental units and buy more items for hairdressing. This is her third loan with SMEP Microfinance Bank. Previous loans were repaid successfully. She will use the anticipated profits to open another barber shop.