Funded

Total loan: $250
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Solomon

Kenya
Likoni, Kenya / Retail

A loan of $250 helped to buy bottled water to sell.


Solomon's story

Solomon lives in the Mombasa area of Coast Province, Kenya. He is married and has two children. He owns a service shop which sells bottled water. He is also a contractor, dealing in electrical work. Solomon learned about Milango through advertisements and he joined with the aim of accessing credit to improve his business operations. His main challenges are competition and lack of finance, a problem he sees partly sorted by this loan. Solomon is applying for a loan of 21,050 Kenya shillings to buy bottled water to sell. He believes that the business has improved enough to meet the required repayments for the loan despite the high competition, and he will be able to effectively provide for his family.


Loan details

Loan length:

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

Lenders and lending teams



Loan details

Loan length:

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