100%

funded

Total loan: $450

Annet

Nakuru, Nakuru, Kenya / Clothing

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A loan helped to purchase additional stock of women's wear and school uniforms to meet demand and make more sales.


Annet's story

Annet is a 30-year-old married woman. She has three children. She describes herself to be ambitious. She operates a retail business where she sells clothes. She has been involved in this business for five years. Her business is located in a good area and her primary customers are locals from Nakuru, Kenya. She describes her biggest business challenge to be inadequate working capital.

She will use the KES 45,000 loan to purchase additional stock of women's wear and school uniforms to meet demand and make more sales.

Her business goal is to have another boutique within five years. She hopes that in the future, she will be financially stable. This is her first loan with SMEP Microfinance Bank. She will use the anticipated profits to pay school fees.