Funded

Total loan: $1,000
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Duncan

Kenya
Mombasa, Kenya / General Store

A loan of $1,000 helped to buy retail stock like sugar, flour, etc.


Duncan's story

Duncan lives in the Mariakani area of Coast Province, Kenya. He is married and has one school-going child. He owns a retail shop, a business which has been running for ten years, and employs one other person. In this business, he sells retail stock; e.g., rice, sugar, flour, cooking oil, etc. Duncan also runs transport, video show and phone charging businesses.

Duncan learnt about Milango from friends who invited him to the group. He joined with the aim of accessing credit to improve his business operations. His main challenges are the high cost of products.

Duncan is applying for a loan of 83,500 Kenyan shillings to buy retail stock like sugar, flour, etc. The extra income from the loan will be added to his savings to improve the living standards of his family.


Loan details

Loan length:

14 months
Disbursed date: April 17, 2013
Facilitated by Field Partner: Milango Financial Services

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: April 17, 2013
Facilitated by Field Partner: Milango Financial Services