Funded

Total loan: $875
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Nancy

Kenya
Kakamega, Kenya / General Store

A loan of $875 helped to increase the stock of the store (utensils, sugar, flour, etc.).


Nancy's story

Nancy is a 32 year-old woman who runs a general store in a busy market area selling a variety of goods, including sugar, flour, soda, utensils, and even some clothing. She has been in this business for 3 years and her primary business challenge is bad debts from creditors that don’t pay. Before running her store, she sold tomatoes. Nancy has two children, a daughter 6 years old and a son almost 2 years old.

Nancy plans to use the 70,000 Kenya Shilling loan to increase the stock in her store (utensils, sugar, flour, etc.).

In the future, she hopes to expand from retail into wholesale. In 5 years, she would like to see her children through school and to increase her income by significantly expanding her business.

Nancy describes herself as honest, determined, and hardworking.


Loan details

Loan length:

11 months
Disbursed date: June 10, 2010
Facilitated by Field Partner: SMEP Microfinance Bank

Lenders and lending teams



Loan details

Loan length:

11 months
Disbursed date: June 10, 2010
Facilitated by Field Partner: SMEP Microfinance Bank