100%

funded

Total loan: $1,000

Lucy

Nyahururu, Nyandarua County, Kenya / Agriculture

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A loan helped to purchase additional stock of farm tools, cement and another dairy cow.


Lucy's story

Lucy is a married woman. She has three children. She describes herself as honest.

She operates a hardware store and a farm where she sells farm tools, cement and milk from dairy farm. She has been involved in this business for over six years. Her business is located in a good area and her primary customers are locals. She describes her biggest business challenge to be inadequate working capital.

She will use the 99,900 KES loan to purchase additional stock of farm tools, cement and another dairy cow. This is her fourth loan with SMEP Microfinance Bank. Her previous loans were repaid successfully. She will use the anticipated profits to buy more stock of farm tools