Funded

Total loan: $500
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Fredrick

Kenya
Likoni, Kenya / Services

A loan of $500 helped to buy office furniture.


Fredrick's story

Fredrick lives in the Likoni area south of Mombasa, Kenya. He is 26 years old. Fredrick runs an insurance business that has been there for the last two years. The business has really grown and he wants to open an office so that he can serve his customers well. This is his sole business that gives him income.

Fredrick has a child who is two years old. In the next five years he hopes that the business would grow so that he can move into other towns as well. He knew Milango through friends and now seeks a loan to buy office furniture. The challenge in his venture is competition from establishes firms. The extra income he will raise will improve his standards of living.


Loan details

Loan length:

7 months
Disbursed date: August 21, 2013
Facilitated by Field Partner: Milango Financial Services

Lenders and lending teams



Loan details

Loan length:

7 months
Disbursed date: August 21, 2013
Facilitated by Field Partner: Milango Financial Services