Funded

Total loan: $250
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Maricheni

Kenya
Mombasa, Kenya / Clothing Sales

A loan of $250 helped to buy more clothes to sell.


Maricheni's story

Maricheni is a married man who has one child. He describes himself as a business-oriented man. He operates a retail stall where he sells clothes. He has been involved in this business for 30 years.

His business is located in a highly populated area and his primary customers are the general public. He identifies his biggest business challenge as stiff competition within the area. He will use the 20,000 KES loan to buy clothes to sell.

His business goal is to run a wholesale retail business within five years. He hopes that in the future he will improve his business. This is his first loan with SMEP Deposit Taking Microfinance Limited.


Loan details

Loan length:

8 months
Disbursed date: November 13, 2012
Facilitated by Field Partner: SMEP Microfinance Bank

Lenders and lending teams



Loan details

Loan length:

8 months
Disbursed date: November 13, 2012
Facilitated by Field Partner: SMEP Microfinance Bank