Funded

Total loan: $250
Powered by 8 lenders

Stephen


A loan of $250 helped to buy stock of rice, cereals, wheat flour, cooking oil, etc.


Stephen's story

Stephen lives in the Kongowea area of Coast Province, Kenya. He is married and has three school-going children. For the past 5 years, Stephen has owned and run a food cafe, selling fries. He also owns a motorcycle and provides transport in the area.

Stephen learned about Milango through friends who invited him to the group. He joined with the aim of accessing credit to improve his business operations. Stephen's main challenges are debts and the effects of season changes. Stephen is applying for a loan of 21,050 Kenya shillings to add to his retail and food stock of rice, cereals, wheat flour, cooking oil, etc. He will use the extra income from the loan for savings, to pay school fees for his children and to improve his living standards. Stephen's dream is to open another food cafe.


Loan details

Loan length:

8 months
Disbursed date: February 6, 2013
Facilitated by Field Partner: Milango Financial Services

Lenders and lending teams



Loan details

Loan length:

8 months
Disbursed date: February 6, 2013
Facilitated by Field Partner: Milango Financial Services