100%

funded

Total loan: $500

Priscilla

Nyahururu, Nyandarua County, Kenya / Clothing

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A loan helped to purchase additional stock of second hand clothes for more sales.


Priscilla's story

Priscilla is a single woman. She has 1 child. She describes herself to be honest. She operates a retail business where she sells second hand clothes. She has been involved in this business for 2 years. Her business is located in a good area and her primary customers are locals from Nyahururu, Kenya.

She describes her biggest business challenge to be inadequate working capital. She will use the KES 50,000 loan to purchase additional stock of second hand clothes for more sales. She hopes that in the future, she will be financially stable to provide for her child. This is her second loan with SMEP Microfinance Bank. The previous loan was repaid successfully. She will use the anticipated profits to pay school fees.