A loan of $475 helped to buy timber to make more furniture to sell.


Samuew's story

Samuew is a 40-year-old, married man. He has five children, with ages ranging from two years to 14 years. He describes himself to be a hard-working and innovative man.

He operates a carpentry workshop where he sells furniture. He has been involved in this business for 12 years. His business is located in a less-competitive area and his primary customers are local dwellers. He describes his biggest business challenge to be the high price of timber.

Samuew will use the KES 40,000 loan to buy timber. His business goal is to expand his business within five years. He hopes that, in the future, he will build a permanent house for his family. This is his second loan with SMEP Deposit Taking Microfinance Limited (SMEP DTM), after taking a loan of KES 20,000 which he managed to successfully repay.


Loan details


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Loan details