A loan of $1,000 helped to purchase a motorcycle.

Fred's story

Fred lives in the Changamwe area of Coast province. He is married and has one child. He owns a transport business which he has been operating for five years.

He learned about Milango through a friend who invited him to the group. He joined with the aim of accessing credit to improve the operation of his business. The challenges he faces are: price fluctuation and inflation, seasonal weather, and high transport and fuel costs.

Fred is applying for a loan of 83,500 KES to purchase a motorcycle. His extra income from the loan will be added to increase his savings. His future plan is to buy more motorbikes to expand his business.

Loan details

Lenders and lending teams

Loan details