100%

funded

Total loan: $550

Philip

Eldoret, Rift Valley, Rift Valley, Kenya / Retail

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A loan helped to buy more stock of bread, sugar, washing soap, flour and other items.


Philip's story

Philip is a married man. He has six children. He describes himself to be honest. He operates a retail shop where he sells sugar, bread, flour and other items. He has been involved in this business for three years. His business is located in a market area, and his primary customers are individuals. He describes his biggest business challenge to be low stock. He will use the Kes 50,000 loan to buy more stock of bread, sugar, washing soap, flour and other items. His business goal is to have a supermarket within five years. He hopes that in the future he will increase his stock. This is his first loan with SMEP Microfinance Bank.