expired

Total loan: $275

Angelica

Ongata-Rongai, Nairobi County, Kenya / Clothing

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A loan helped to purchase additional inventory of women's clothes to sell.


Angelica's story

Angelica is a 27-year-old single woman with one child. She describes herself as being honest. Angela operates a retail business where she buys and sells clothes. She has been involved in this business for over two years. Her business is located in a good area and her primary customers are locals from Rongai, Kenya. She describes her biggest business challenge as having inadequate working capital.

Angelica will use this 100,000 KES loan to purchase additional inventory of women’s clothes so that she can meet the demand during this season when women are celebrated. Her business goal is to have another boutique outlet within five years. In the future, she hopes to be financially stable. This is her third loan with SMEP Microfinance Bank. Her previous loans were repaid successfully.

Angelica will use the anticipated profits to pay school fees for her children. She expresses her thanks to all of the lenders for their support.