expired

Total loan: $475

Stanley

Rongai, Nakuru, Kenya / Food

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A loan helped to purchase additional stock of vegetables, fruits, cereals and other products.


Stanley's story

Stanley is a single man. He describes himself to be honest. He operates a grocery where he sells vegetables, fruits, cereals and other products. He has been involved in this business for five years. His business is located in a good area and his primary customers are locals from Rongai, Kenya. He describes his biggest business challenge to be inadequate working capital.

He will use the KES 125,000 loan to purchase additional stock of vegetables, fruits, cereals and other products. 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 fifth loan with SMEP Microfinance Bank. Previous loans were repaid successfully. He will use the anticipated profits to pay school fees.