Total loan: $200


south coast, , Kenya / Clothing

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A loan helped to purchase additional stock of clothes to sell.

Fatuma's story

Fatuma is a 22-year-old single woman. She describes herself to be honest.

She operates a retail business where she sells clothes. She has been involved in this business for three 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 KES 20,000 loan to purchase additional stock of clothes to sell. Her business goal is to have a wholesale business within five years.

She hopes that, in the future, she will be able to continue with her education.

This is her first loan with SMEP Microfinance Bank. She will use the anticipated profits to pay for her school fees.