Funded

Total loan: $975
Powered by 35 lenders

Macmillan

Kenya
malindi, Kenya / Motorcycle Transport

A loan of $975 helped to buy a motorcycle.


Macmillan's story

Macmillan lives in Malindi area of Coast Province, Kenya. He is married and has six school-going children. He owns a dairy farm and a crop-farming business that he has been operating for five years. He started the business through his own savings. Macmillan also owns rental houses, and the family earns some income from this.

He learned about Milango through friends who invited him to the group, and he joined the group with the aim of accessing credit to improve his business operations. The main challenges he is facing are drought and occasional low seasons. He would therefore like to invest in other sources of income, preferably transport. Motorcycles are used very often for this because of the bad road network.

Macmillan is applying for a loan of 83,500 Kenya shillings to buy a motorcycle. His extra income from the loan will be added to his savings to improve the education of his children. His future plans are to buy cars for transporting his dairy milk and buy some broilers for the poultry firm.


Loan details

Loan length:

14 months
Disbursed date: February 27, 2013
Facilitated by Field Partner: Milango Financial Services

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: February 27, 2013
Facilitated by Field Partner: Milango Financial Services