100%

funded

Total loan: $200

Jared

Flag of Kenya
Kisumu, Kisumu, Kenya / Retail

Jared's loan finished fundraising,
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A loan helped to purchase additional slippers and watches to sell.


Jared's story

Jared is a married man. He has 2 children. He describes himself as honest. He operates a retail business where he sells slippers and watches. He has been involved in this business for 4 years. His business is located in a good area, and his primary customers are locals from Kisumu, Kenya. He describes his biggest business challenge to be inadequate working capital.

He will use the KES 20,000 loan to purchase additional slippers and watches to sell. His business goal is to have a wholesale business within 5 years. He hopes that in the future, he will be financially stable. This is his first loan with SMEP Microfinance Bank. He will use the anticipated profits to pay school fees.