A loan of $600 helped purchase additional stock of second hand clothes.

Jacinta's story

Jacinta is a 27 year old entrepreneur and mother of four school-aged children. She and her husband live in Kisumu in Kenya. She began her current business selling second-hand clothes three years ago. She specializes in women’s clothing: skirts, dresses, and casual and formal tops. She is able to purchase a good variety at wholesale prices. And the prime location of her business on a busy street, three years of experience, and friendly interaction with customers have established a good client base. Her customers return to her shop for her wide selection or to make requests for certain styles.

Jacinta plans to expand her business with her next loan of $600.00. She will use the loan to increase her current stock of second-hand clothes and save the remaining funds in a savings account so that she may continue to purchase new stock even when cash flow slows due to delays in customer payments.

Disclaimer: Due to recent events in Kenya, the security situation in many communities remains unsettled, affecting many local businesses. Lenders to this entrepreneur should be aware that this loan may represent a higher default risk, and should be willing to accept this additional risk in making their loan.

Loan details

Lenders and lending teams

Loan details