Funded

Total loan: $1,100
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Solomon

Kenya
Mwea, Kenya / Farming

A loan of $1,100 helped to buy a water pump for pumping water into his farm.


Solomon's story

Solomon is a 42-year-old married man. He has two children. He operates a farm where he grows crops. He describes his biggest business challenge to be a water shortage. He will use the 95,000 KES (Kenyan shillings) loan to buy a water pump for pumping water into his farm. His business goal is to increase production within five years. This is his third loan with SMEP DTM. Previous loans of 20,000 KES and 40,000 KES were repaid successfully.



Loan details

Loan length:

14 months
Disbursed date: August 28, 2013
Facilitated by Field Partner: SMEP Microfinance Bank

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: August 28, 2013
Facilitated by Field Partner: SMEP Microfinance Bank