100%

funded

Total loan: $1,075

Wycliffe

Kisumu, Kisumu, Kenya / Transportation

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A loan helped to buy another rickshaw to be able to offer more services.


Wycliffe's story

Wycliffe is a married man. He is blessed with two children. He describes himself to be honest.

He operates a rickshaw where he provides transportation services. He has been involved in this business for over eight years. His business is located in a good area, and his primary customers are locals.

He describes his biggest business challenge to be inadequate working capital. He will use the KES 108,050 loan to buy another rickshaw to be able to offer more services.

His business goal is to have a taxi within five years. He hopes that in the future, he will be financially stable.

This is his second loan with SMEP Microfinance Bank. He will use the anticipated profits to buy a taxi.