Funded

Total loan: $1,000
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Rashid

Kenya
malindi, Kenya / Services

A loan of $1,000 helped to buy materials for the making of the sandals.


Rashid's story

Rashid lives in the Malindi area of Coast Province, Kenya. He has five children, all of whom attend school. He owns a retail shop selling sandals, a business that he has been operating for five years.

He learned about Milango through friends who invited him to the group and he joined with the aim of accessing credit to improve his business operations. His main challenges are taxes and lack of enough funds.

Rashid is applying for a loan of 83,450 Kenya shillings to buy materials for the making of the sandals. His extra income from the loan will be added to his savings to buy basic needs and improve on the living standard of his family.

His dream is to sell at wholesale and become a supplier of sandals in the area.


Loan details

Loan length:

11 months
Disbursed date: August 22, 2012
Facilitated by Field Partner: Milango Financial Services

Lenders and lending teams



Loan details

Loan length:

11 months
Disbursed date: August 22, 2012
Facilitated by Field Partner: Milango Financial Services