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Total loan: $500


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Tumaini, Nyandarua County, Kenya / Retail

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

A loan helped to purchase additional stock of charcoal for more sales.

Luciah's story

Luciah is a 69-year-old married woman with four children. She describes herself as honest.

Luciah operates a retail business where she sells charcoal. She has been involved in this business for 10 years. Her business is located in a good area and her primary customers are locals from Tumaini Kenya. She describes her biggest business challenge to be inadequate working capital. She will use the 50,000 KES loan to purchase additional stock of charcoal for more sales. Her business goal is to have moree rental units within five years. She hopes that in the future, she will be financially stable. This is her third loan with SMEP Microfinance Bank. Previous loans were repaid successfully. She will use the anticipated profits to buy more charcoal.