Funded

Total loan: $425
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Erastus

Kenya
Mariakani, Kenya / Furniture Making

A loan of $425 helped to buy timber for making furniture.


Erastus's story

Erastus lives in the Mariakani area a few kilometers from Mombasa, Kenya. He is a 48-year-old married businessman with three children. He has been in the furniture sales business for the last six years, and the business is doing great. He started the business from his own savings.

He knew of Milango through friends, and now he seeks a loan to buy timber for making furniture.The major challenge for him in the business has been the prices. He hopes that his business will grow into a large manufacturer of timber products in the future.

The extra income that he will raise will improve his standard of living, and he will buy a piece of land and settle his family.


Loan details

Loan length:

14 months
Disbursed date: September 11, 2013
Facilitated by Field Partner: Milango Financial Services

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: September 11, 2013
Facilitated by Field Partner: Milango Financial Services