100%

funded

Total loan: $350

Ted

Flag of Kenya
Nakuru, Nakuru, Kenya / Retail

Ted'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 sugar, bread, flour and other items.


Ted's story

Ted is a Kiva borrower. He has 5 children and he describes himself to be reliable. He operates a retail business where he sells sugar, washing soap, bread, flour, cereals and other items. Ted has been involved in this business for 25 years. His business is located in an area with high customer inflow and his primary customers are locals. He describes his biggest business challenge to be insufficient working capital. Ted will use the 30,000 KES loan to buy more stock of sugar, bread, flour and other items. His business goal is to have a wholesale shop within 5 years. This is his sixth loan with SMEP Microfinance bank, and the previous loan was repaid successfully.