Funded

Total loan: $825
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Ronald

Kenya
Kakamega, Kenya / Home Products Sales

A loan of $825 helped to buy stock of sugar, tea leaves and sewing materials.


Ronald's story

Ronald Embelywa owns a Livendi shop where he sells sugar, sodas, bread, flour, sanitary towels and cooking oil to retail customers. He has two employees. His business challenges are inadequate capital and the increasing cost of doing business (e.g business license is expensive). He needs a loan of KES 60,000 to buy tea leaves, sugar and sewing materials. His dream is to build a business empire. Ronald has a housewife with ten children ranging from age two to twenty nine years and describes himself as hardworking, with a vision.


Loan details

Loan length:

15 months
Disbursed date: October 29, 2009
Facilitated by Field Partner: SMEP Microfinance Bank

Lenders and lending teams



Loan details

Loan length:

15 months
Disbursed date: October 29, 2009
Facilitated by Field Partner: SMEP Microfinance Bank