Funded

Total loan: $1,175
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Crispin

Kenya
Mombasa, Kenya / General Store

A loan of $1,175 helped to buy household items to sell in his store.


Crispin's story

Crispin is a 44-year-old married man. He has five children. He describes himself as a profit-oriented man.

Crispin operates a retail store where he sells household items such as sugar, salt, maize flour, tea leaves, detergents, plastic items, cooking fat, etc. He has been involved in this business for 10 years. His business is located in a highly populated area and his primary customers are schools, residents and tourists. He describes his biggest business challenge as a shortage of stock to sell to the increasingly high demands of his customers.

Crispin will use the KES 100,000 loan to buy household items to sell. His business goal is to run another retail shop within five years. He hopes that in the future he will have expanded and succeeded in his business. This is his third loan with SMEP DTM after taking a previous loan of KES 50,000, which he managed to pay successfully.


Loan details

Loan length:

14 months
Disbursed date: November 21, 2012
Facilitated by Field Partner: SMEP Microfinance Bank

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: November 21, 2012
Facilitated by Field Partner: SMEP Microfinance Bank