Funded

Total loan: $500
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Elizabeth

Kenya
Siaya, Kenya / Home Appliances

A loan of $500 helped to buy a water tank for use by her family.


Elizabeth's story

Elizabeth is a married woman. She has 4 children with ages ranging from 1 year to 17 years. She describes herself as social and a businesswoman. She operates an electronic retail store and butcher shop where she sells both meat and electronic goods. She has been involved in this business for 10 years. Her business is located in a potential business area and her primary customers are local residents. She describes her biggest business challenge to be the fluctuation of the cost of electronics and a shortage of meat to sell.

She will use the loan of 41,500 KES to buy a water tank which will be used by her six family members. Her business goal is to expand her butcher and electronic shop within 5 years. This is her seventh loan with SMEP DTM. Previously, she took out a loan of 100,000 KES which she managed to pay back.



Loan details

Loan length:

14 months
Disbursed date: October 30, 2012
Facilitated by Field Partner: SMEP Microfinance Bank

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: October 30, 2012
Facilitated by Field Partner: SMEP Microfinance Bank