Funded

Total loan: $825
Powered by 28 lenders

Eric

Kenya
Kericho, Kenya / Farming

A loan of $825 helped to buy more stock of tea leaves.


Eric's story

Eric is a 33-year-old married man. He has two children aged two and four. He describes himself as determined and confident. He operates a farm where he grows tea. He has been involved in this business for five years.

His business is located in a rural area and his primary customers are small scale. He describes his biggest business challenge to be transportation problems and the fact that tea production declines during the cold seasons.

He will use the KES 70,000 loan to buy more stock of tea leaves for resale. His business goal is to excel within five years. He hopes that in the future, he will be prosperous. This is his first loan with SMEP DTM. He will use the anticipated profits to build a home for his family.


Loan details

Loan length:

14 months
Disbursed date: January 14, 2014
Facilitated by Field Partner: SMEP Microfinance Bank

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: January 14, 2014
Facilitated by Field Partner: SMEP Microfinance Bank