Funded

Total loan: $1,025
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Laban

Kenya
Mwea, Kenya / Farming

A loan of $1,025 helped to buy a water pump and pipes.


Laban's story

Laban is a 24-year-old married man. He has one child who is two years old. He describes himself to be a go-getter. He does farming to earn a living and has a motorcyle transport business to earn extra income. He describes his biggest business challenge to be a lack of finances to buy pumps and pipes.

He will use the KES 85,000 loan to buy a water pump and pipes to pump water to his farm so that he can irrigate the crops. This will enable him to have sufficient water for irrigation. This will benefit his family of three and other friends of his family. He hopes that by doing irrigation, the economic situation of the family will change.

He hopes that in the future, he will use the maximum potential of his farmland. This is his second loan with SMEP DTM. His previous loan of KES 20,000 was repaid successfully.



Loan details

Loan length:

14 months
Disbursed date: September 30, 2013
Facilitated by Field Partner: SMEP Microfinance Bank

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: September 30, 2013
Facilitated by Field Partner: SMEP Microfinance Bank