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Peter
Peter is a 42 year old married man. He has a son who is 18 years old. He describes himself to be a determined man. He operates a food stall and a real estate business. He sells items such as maize, beans, cabbages, onions and provides housing accommodation . He has been involved in this business for 9 years and employs 4 staff members. His business is located within a conducive business environment and his primary customers are local residents. He describes his biggest business challenge to be poor road connections to business premises. He will use the Kes 70,000 loan to pay for the renovation of the rental houses worth Kes 30,000 and cereals worth Kes 40,000. His business goal is to expand his business so as to increase the working capital to Kes 400,000 within 5 years. Peter, this is his fifth loan. He had earlier taken loan proceeds of Kes (20,000, 30,000, 40,000, 50,000) from SMEP DTM which he repaid well. He hopes that in the future, he will be a supplier of cereals.

About Kenya

  • $1,800
    Average annual income
  • 700
    View loans »
    Kenya Loans Fundraising
  • $42,247,450
    Funds lent in using Kiva
  • 84.8
    Kenya Shillings (KES) = $1 USD
Expired
A loan of $825 helped Peter to pay for his rental houses renovation worth Kes 30,000 and buy cereals worth Kes 40,000.
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 6, 2012
Listed
Jun 19, 2012
Currency Exchange Loss:
Possible
Expired:
Jul 19, 2012