Funded

Total loan: $200
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Joseph

Kenya
Kisumu, Kenya / Personal Housing Expenses

A loan of $200 helped to buy a water tank.


Joseph's story

Joseph is a 34-year-old married man. He has two children, ages 2 and 6 years old. He describes himself as an honest man. He operates a retail business selling household items such as baking flour, tea leaves, etc. His business is located along a busy road and his primary customers are local residents. He describes his biggest business challenge to be insufficient funds for improving the business.

Joseph will use this 15,600 Kenyan shilling (KES) loan to buy a water tank to be used by his family for household chores. His business goal is to expand his business within five years. He hopes that he will expand his business in the future. This is his second loan with SMEP Deposit Taking Microfinance Limited after taking out a previous loan of 20,000 KES which he managed to repay successfully.



Loan details

Loan length:

13 months
Disbursed date: January 1, 2013
Facilitated by Field Partner: SMEP Microfinance Bank

Lenders and lending teams



Loan details

Loan length:

13 months
Disbursed date: January 1, 2013
Facilitated by Field Partner: SMEP Microfinance Bank