100%

funded

Total loan: $500

Carolyne

Naivasha, Nakuru, Kenya / Services

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A loan helped to buy more day care items and keep the facility clean.


Carolyne's story

Carolyne is a 40-year-old, single woman. She has two children. She describes herself to be honest. She operates a baby day care facility where she provides day care services. She has been involved in this business for four years. Her business is located in a good area, and her primary customers are locals. She describes her biggest business challenge to be inadequate working capital.

She will use the KES 50,000 loan to buy more day care items and keep the facility clean. Her business goal is to have a bigger day care facility within five years. She hopes that in the future, she will be able to expand her business. This is her second loan with SMEP Microfinance Bank. The previous loan was repaid successfully. She will use the anticipated profits to pay school fees.