Funded

Total loan: $600
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Mark

Kenya
Nairobi West, Kenya / Grocery Store

A loan of $600 helped to add stock to his inventory of milk, sugar, rice and other items to sell in his retail store.


Mark's story

Mark is a 31-year-old married man. He describes himself to be highly self-motivated. He operates a retail shop where he sells bread, milk, washing soap, salt and other household items.

He has been involved in this business for four years. His business is located in an area with a market and his primary customers are the general public. He describes his biggest business challenge to be inadequate funds .

He will use the KES 50,000 loan to add stock to his inventory of milk, sugar, rice and other items to sell in his retail store. His business goal is to own a wholesale shop within five years. He hopes that in the future, he will be financially stable. This is his second loan with SMEP DTM. His previous loan of KES 20,000 was repaid successfully. He will use the anticipated profits to improve his living standards.


Loan details

Loan length:

14 months
Disbursed date: December 20, 2013
Facilitated by Field Partner: SMEP Microfinance Bank

Lenders and lending teams




Loan details

Loan length:

14 months
Disbursed date: December 20, 2013
Facilitated by Field Partner: SMEP Microfinance Bank