100%

funded

Total loan: $400

Millicent

Maua, Meru County, Kenya / Food

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A loan helped to buy more stock of sugar, rice, flour, and other items.


Millicent's story

Millicent is a married woman. She has two children. She operates a retail business where she sells sugar, soda, bread, flour, and other items. She has been involved in this business for 10 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 40,000 KES loan to buy more stock of sugar, rice, flour, and other items. Her business goal is to have a bigger business within five years. This is her second loan with SMEP Microfinance Bank. The previous loan was repaid successfully. She will use the anticipated profits to puchase additional stock.