Funded

Total loan: $475
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Mary

Kenya
Mombasa, Kenya / Charcoal Sales

A loan of $475 helped to buy bags of charcoal.


Mary's story

Mary is a 44-year-old married woman. She has 5 children whose ages range from 10 years to 24 years. She describes herself as a social and business-oriented woman. She operates a retail business where she sells charcoal. She has been involved in this business for 6 years.

Mary's business is located in a highly populated area and her primary customers are local residents. She describes her biggest business challenge as being a shortage of charcoal to sell. She will use the KES 40,000 loan to buy bags of charcoal to sell. Her business goal is to be a wholesaler of charcoal within 5 years. She hopes that in the future, she will improve the living standard of people. This is her second loan with SMEP DTM. Mary also sells cereals to add to her business income.


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