A loan of $625 helped to increase his stock of television sets.

Erick's story

Erick I. O. is twenty nine years old, married and they have two children whom they hope to give quality education to the university level. His business is located at a very busy market known as Likoni in Mombasa, Kenya. Mombasa is the coastal region of Kenya and is well known for its many many tourist attraction sites not forgetting the Indian ocean white beaches.

He owns an electronic sales store in which he sells such items as TVs, old computers and other electronics. He sells to the local people. He has been in this business for the last five years now and has managed to provide employment to one person. He says that this business is profitable and the major challenge he has is financial constraints. However, he works very hard to keep his business doing well.

He is using his loan of Kes 50,000 to purchase TVs to resell at a profit. He hopes to grow his business and open a shop within Mombasa Central Business District. He describes himself as a very innovative man.

Loan details

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Loan details