expired

Total loan: $425

James

Voi, Taita-Taveta County, Kenya / Retail

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A loan helped to purchase additional stock of belts, padlocks, shoes, watches and other items.


James's story

James is a 43-year-old married man. He has four children. He describes himself to be honest and ambitious.

James operates a retail business where he sells belts, padlocks, shoes, watches and other items. He has been involved in this business for ten years. His business is located in a good area and his primary customers are locals from Voi, Kenya. He describes his biggest business challenge to be inadequate working capital.

He will use the 90,000 KES loan to purchase additional stock of belts, padlocks, shoes, watches and other items. His business goal is to have a wholesale business within five years. He hopes that in the future, he will be financially stable.

This is his second loan with SMEP Microfinance Bank. The previous loan was repaid successfully. He will use the anticipated profits to pay school fees.