Funded

Total loan: $1,175
Powered by 36 lenders

Mrisa

Kenya
Mombasa, Kenya / Charcoal Sales

A loan of $1,175 helped to buy charcoal.


Mrisa's story

Mrisa is a 32-year-old married man. He has four children with ages ranging from 3 years to 12 years. He describes himself to be an honest man. He operates a retail store where he sells charcoal. He has been involved in this business for 3 years. His business is located within a viable business area and his primary customers are local residents.

He describes his biggest business challenge to be high transportation cost. He will use the Kes 100,000 loan to buy charcoal to sell. His business goal is to improve his business within 5 years. He hopes that in the future, he will have had improved his business. This is his third loan with SMEP DTM after a previous one of Kes 50,000 which he managed to repay successfully.


Loan details

Loan length:

26 months
Disbursed date: November 12, 2012
Facilitated by Field Partner: SMEP Microfinance Bank

Lenders and lending teams



Loan details

Loan length:

26 months
Disbursed date: November 12, 2012
Facilitated by Field Partner: SMEP Microfinance Bank