Total loan: $500
Voi, Taita-Taveta County, Kenya / Clothing
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A loan helped to buy more stock of clothes.
Fridah is a married woman. She has 2 children. She describes herself to be ambitious. She operates a retail business where she sells clothes, and she has been involved in this business for 2 years. Her business is located in a good area and her primary customers are locals. She describes her biggest business challenge to be transportation. She will use the Loan of 50,000 kenya shillings (KES) to buy more stock of clothes. Her business goal is to have a big boutique within 5 years. She hopes that in the future, she will educate her children to university level. This is Fridah's second loan with SMEP Microfinance Bank. The previous loan was repaid successfully. She will use the anticipated profits to puchase additional stock.