Funded

Total loan: $500
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Michael

Kenya
Nairobi Central, Kenya / Butcher Shop

A loan of $500 helped To purchase a freezer, roaster grills and weighing machine.


Michael's story

Michael is 26 years old and married. He has been running a butcher shop for five years. He acquired the necessary skills for operating the business in a butchery where he was previously employed. He belongs to a group in Faulu, Kenya, whose members guarantee each other loan. He previously took out a loan of 100,000 KES which was used to expand his business. He has successfully repaid the previous loan, and hence has been allowed to take out another loan of 40,000 KES. He will use the new loan amount to purchase a freezer, roaster grills and weighing machine. He hopes to open more outlets in the future.



Loan details

Loan length:

14 months
Disbursed date: July 15, 2010

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: July 15, 2010