expired

Total loan: $1,000

Fatuma

Flag of Kenya
Mombasa, Mombasa County, Kenya / Clothing

Fatuma's loan finished fundraising,
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A loan helped to purchase additional stock of clothes.


Fatuma's story

Fatuma is a married woman. She has 3 children. She describes herself as honest. She operates a retail business where she sells clothes. She has been involved in this business for 5 years. Her business is located in a good area and her primary customers are locals from Mombasa, Kenya.

She describes her biggest business challenge to be inadequate working capital. She will use the 150,000 KES loan to purchase additional stock of clothes. Her business goal is to have more clothes to attract more customers within 5 years. She hopes that in the future, she will be financially stable.

This is her first loan with SMEP Microfinance Bank. She will use the anticipated profits to pay school fees.