A loan helped to buy more stock of maize.

Paul's story

Paul is a married man. He has 3 children. He operates a posho mill where he sells maize flour. He has been involved in this business for 2 years. His business is located in a good area and his primary customers are locals. He describes his biggest business challenge to be inadequate working capital.

He will use the KES 40,000 loan to buy more stock of maize. His business goal is to expand his business within 5 years. This is his second loan with SMEP Microfinance Bank. The previous loan was repaid successfully.

He will use the anticipated profits to expand his business. He also runs a motorcycle transport business.

This loan is special because:

It enables rural borrower access to funding at competitive rates.

Loan details

Lenders and lending teams

Loan details