Funded

Total loan: $625
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Grace

Kenya
Thika, Kenya / Clothing Sales

A loan of $625 helped buy clothes and shoes to resell.


Grace's story

Grace is a married woman. She has 3 children with ages ranging from 7 years to 13 years. She describes herself to be a determined and visionary woman.

Grace operates a retail store where she sells skirt suits, trousers, shirts and shoes. She has been involved in this business for 2 years and employs 2 staff members. Her business is located along a busy shopping centre. She describes her biggest business challenge to be delay of payment from customers.

Earlier on, Grace had requested two loans from SMEP and was able to repay them well. She has a plan of increasing her stock and is therefore requesting for a loan of KES 50,000 to buy clothes and shoes. Grace's dream and business goal is to be a distributor within 5 years. She hopes that in the future, she can build a house and buy land.


Loan details

Loan length:

8 months
Disbursed date: April 17, 2012
Facilitated by Field Partner: SMEP Microfinance Bank

Lenders and lending teams



Loan details

Loan length:

8 months
Disbursed date: April 17, 2012
Facilitated by Field Partner: SMEP Microfinance Bank