100%

funded

Total loan: $500

Naftali

Flag of Kenya
Nakuru, Nakuru, Kenya / Construction

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


A loan helped to buy more stock of timber for more sales.


Naftali's story

Naftali is a 37 year old, married man. He has 3 children. He describes himself to be honest.

He operates a retail business where he buys and sells timber and furniture. He has been involved in this business for 6 years. His business is located in a good area and his primary customers are locals from Kaimosi area.

He describes his biggest business challenge to be inadequate working capital. He will use the KES 50,000 loan to buy more stock of timber for more sales. His business goal is to open another workshop within 5 years. This is his sixth loan with SMEP Microfinance Bank. Previous loans were repaid successfully.

He will use the anticipated profits to pay school fees.