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Total loan: $575
Ngara, Nairobi County, Kenya / Clothing
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Mary's loan finished fundraising,
but these similar borrowers just need a little more help to reach their goals!
A loan helped to buy more stock of clothes.
Mary is a 31-year-old married woman. She has two children. She describes herself as honest and ambitious. She operates a retail business where she sells clothes. She has been involved in this business for four years. Her business is located in a viable location and her primary customers are regular customers. She identifies her biggest business challenge as the lack of capital to expand her business. She will use the 50,000 KES loan to buy more stock of clothes. Her business goal is to open two business outlets within five years. She hopes that in the future, she will be a distributor. This is her second loan with SMEP DTM. The previous loan was repaid successfully. She will use the anticipated profits to increase stock and repay the loan.