Funded

Total loan: $350
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Wambua

Kenya
Nakuru, Kenya / Retail

A loan of $350 helped to buy curios to sell.


Wambua's story

Wambua is a 52 year old married man. He has 4 children with ages ranging from 15 years to 25 years.

He describes himself to be determined man, and he operates a retail store where he sells curios. He has been involved in this business for 23 years, and his business is located at a busy market area where his primary customers are tourist and local residents . He describes his biggest business challenge to be high monthly rates such as electricity, city council etc. He will use the Kes 30,000 loan to buy curios to sell. His business goal is to run several outlets within 5 years.

Wambua hopes that in the future, he will pay his children's school fees with the profit generated from his business. This is his fifth loan with SMEP DTM after taking a loan of Kes 100,000 previously which he managed to pay.


Loan details

Loan length:

8 months
Disbursed date: February 8, 2013
Facilitated by Field Partner: SMEP Microfinance Bank

Lenders and lending teams



Loan details

Loan length:

8 months
Disbursed date: February 8, 2013
Facilitated by Field Partner: SMEP Microfinance Bank