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Total loan: $1,000
Olrongai, Rift Valley, Kenya / Manufacturing
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Jonathan's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!
A loan helped to buy more treated timber for making more furniture.
Jonathan is a married man. He has 8 children. He describes himself to be honest. He operates a retail business where he makes and sells furniture. He has been involved in this business for 17 years. His business is located in a good area and his primary customers are locals. He describes his biggest business challenge to be inadequate working capital. He will use the Kes 100,000 loan to buy more treated timber for making more furniture. He hopes that in the future, he will be financially stable. This is his fifth loan with SMEP Microfinance Bank. Previous loans were repaid successfully. He will use the anticipated profits to buy more timber.