Funded

Total loan: $575
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Teresiah

Kenya
Nakuru, Kenya / Grocery Store

A loan of $575 helped to buy more mangoes, bananas, cabbages, and other items for resale.


Teresiah's story

Teresiah is a 36-year-old, married woman. She has two children. She describes herself to be highly self-motivated.

Teresiah operates a grocery store where she sells mangoes, bananas, cabbages, and onions. Her business is located in a good area and her primary customers are local residents. She describes her biggest business challenge to be the lack of sufficient funds.

She will use the KES 50,000 loan to buy more mangoes, bananas, cabbages, and other items for resale.

Her business goal is to own a big shop within five years. She hopes that, in the future, she will live a happy and healthy life.

This is her second loan with SMEP Deposit Taking Microfinance (SMEP DTM). Her previous loan of KES 20,000 was successfully repaid.


Loan details

Loan length:

13 months
Disbursed date: August 20, 2013
Facilitated by Field Partner: SMEP Microfinance Bank

Lenders and lending teams



Loan details

Loan length:

13 months
Disbursed date: August 20, 2013
Facilitated by Field Partner: SMEP Microfinance Bank