Funded

Total loan: $500
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Paul

Kenya
Changamwe, Kenya / Vehicle Repairs

A loan of $500 helped to buy additional spare parts for his welding shop.


Paul's story

Paul is a resident of Changamwe, Kenya. He is the married father of one child and has earned a living for the last five years by working as a mechanic. He used to work in a welding shop but left to start his own business. Besides this business, Paul also runs a retail shop. He learned of Milango from our promotions and joined in order to access funds to improve and expand his business. He is applying for a loan for 41,900 Kenyan shillings to buy additional spare parts for his shop. The only challenge he faces is competition from other players in the field, but Paul is determined to carry out his operations well because he believes that this will allow him to give his child a quality education. His future ambition is to be able to open a second shop in a new location.


Loan details

Loan length:

8 months
Disbursed date: October 24, 2012
Facilitated by Field Partner: Milango Financial Services

Lenders and lending teams




Loan details

Loan length:

8 months
Disbursed date: October 24, 2012
Facilitated by Field Partner: Milango Financial Services