Funded

Total loan: $925
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Thomas

Kenya
Ongata-Rongai, Kenya / Auto Repair

A loan of $925 helped purchase a machine to assist in repairing motor vehicles.


Thomas's story

Thomas is a married man. He has 2 children with ages 2 years and 16 years. He describes himself to be courageous, determined, patient, and polite. He is a mechanic and he repairs motor vehicles. He has been involved in this business for 5 years. His business is located in a busy area and his primary customers are local residents. He describes his biggest business challenge to be lack of enough capital.

He will use the KES 80,000 loan to purchase a machine to assist in repairing motor vehicles. His business goal is to start a garage within 5 years. He hopes that in the future he will educate his children to college level. This is his third loan with SMEP DTM. A previous loan of KES 50,000 was repaid successfully.


Loan details

Loan length:

14 months
Disbursed date: July 29, 2013
Facilitated by Field Partner: SMEP Microfinance Bank

Lenders and lending teams




Loan details

Loan length:

14 months
Disbursed date: July 29, 2013
Facilitated by Field Partner: SMEP Microfinance Bank