Funded

Total loan: $575
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Stephen

Kenya
Kisumu, Kenya / Manufacturing

A loan of $575 helped to buy steel and other welding materials for his business.


Stephen's story

Stephen is a married man who has one child. He describes himself to be optimistic. He operates a welding business where he makes gates, chairs and other welding services. His business is located in a vibrant location and his primary customers are of all types. He describes his biggest business challenge to be lack of capital. He will use the KES 50,000 loan to buy steel and other welding materials. His business goal is to own a welding machine within five years. He hopes that in the future, he will buy a piece of land. This is his second loan with SMEP Microfinance bank. His previous loan was repaid successfully.


Loan details

Loan length:

14 months
Disbursed date: August 15, 2014
Facilitated by Field Partner: SMEP Microfinance Bank

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: August 15, 2014
Facilitated by Field Partner: SMEP Microfinance Bank