Funded

Total loan: $250
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Muthee

Kenya
Maua, Kenya / Retail

A loan of $250 helped to buy khat to sell.


Muthee's story

Muthee is a 23-year-old single man. He has one child. He describes himself as an honest, God-fearing and focused man. He operates a retail business selling khat which is commonly sold in his town and residential area. He has been involved in this business for 10 years. His business is located in a viable and busy business environment and his primary customers are local residents. He describes his biggest business challenge to be lack of enough funds for improving his khat business.

Muthee will use this 20,000 Kenyan shilling (KES) loan to buy khat to sell. His goal is to expand his business with the goal of maximizing his capital base to 100,000 KES within five years. This is his first loan with SMEP DTM.


Loan details

Loan length:

11 months
Disbursed date: February 11, 2013
Facilitated by Field Partner: SMEP Microfinance Bank

Lenders and lending teams



Loan details

Loan length:

11 months
Disbursed date: February 11, 2013
Facilitated by Field Partner: SMEP Microfinance Bank