A loan of $500 helped to buy more sewing machines for his tailoring business.

Silfanos's story

Silfanos is a 55-year-old, married man. He has five children, whose ages range from 16 to 28 years. He describes himself as ambitious. He operates a tailoring business, where he makes clothing to sell. He has been involved in this business for 20 years. His business is located in an area with many customers, and his primary customers are both individuals and companies. He says that his biggest business challenge is a lack of enough capital.

He will use the KES 40,000 loan to buy more sewing machines, to use in tailoring. His business goal is to have a larger market share, within five years. He hopes that in the future, he will improve his standard of living. This is Silfanos's second loan with SMEP DTM. He repaid his previous loan successfully.

Loan details

Lenders and lending teams

Loan details