100%

funded

Total loan: $1,175

Edward

Nairobi, Nairobi County, Kenya / Transportation

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A loan helped to buy another taxi.


Edward's story

Edward is a married man with 3 children who describes himself as ambitious. He operates a taxi providing transportation services. He has been involved in this business for 5 years. His business is located in a good area and his primary customers are locals. He describes his biggest business challenge as inadequate working capital.

Edward will use the 120,000 KES loan to top up to buy another taxi. His business goal is to have a big spare parts shop within 5 years. He hopes that, in the future, he will be able to expand his business. This is his first loan with SMEP Microfinance Bank. He will use the anticipated profits to pay school fees.