Total loan: $1,475


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Nakuru, Nakuru, Kenya / Construction

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A loan helped to buy more stock of carpentry materials.

Peter's story

Peter is a married man with 7 children. He describes himself to be honest. He operates a carpentry business where he makes furniture. He has been involved in this business for over 10 years. His business is located in a busy area and his primary customers are of all types. He describes his biggest business challenge to be insufficient working capital. He will use the KES 150,000 loan to buy more stock of carpentry materials. He hopes that in the future, he will expand his business. This is his fourth loan with SMEP Microfinance Bank. His previous loan was repaid successfully.