Total loan: $1,500
Kilifi, Kilifi County, Kenya / Retail
Flag of Kenya
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A loan helped to purchase additional stock of bread and sugar.
Mramba is a married man. He has 3 children. He describes himself as an honest man. He operates a retail business where he sells bread, sugar and other products. He has been involved in this business for 5 years. His business is located in a good area and his primary customers are locals from Kilifi, Kenya. He describes his biggest business challenge to be inadequate working capital. He will use the Kes 150,000 loan to purchase additional stock of bread and sugar. 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 his children's school fees.