Funded

Total loan: $150
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Charles

Kenya
Siaya, Kenya / Home Appliances

A loan of $150 helped to buy a water tank.


Charles's story

Charles is a married man. He has 5 children with ages ranging from 2 years to 12 years. He describes himself as a visionary man. He provides transportation services by donkey. He has been involved in this business for 5 years. His business is located within a peri-urban area and his primary customers are local residents and businesspeople. He describes his biggest business challenge as inadequate water for the donkey and his family members. He will use the KES 11,100 loan to buy a water tank that will be used by his 15 family members, including his extended family. His business goal is to expand his business within 5 years. This is his second loan from SMEP DTM. In addition, Charles does farming to increase his 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