She operates a farm where she sells milk. She has been in this business for 10 years. Her business is located within a local area, and her primary customers are daily consumers from the nearby residents. She describes her biggest business challenge to be insufficient funds for improving the business.
She will use the KES 50,000 loan to buy a mortar to help in pumping water from her borehole.
Her business goal is to improve her business within 5 years. She hopes that in the future, she will expand her business by making sure her farm gets plenty of water. In addition, Annah runs a retail store where she sells cereals, such as maize and beans. She received a loan of KES 20,000 previously, which she repaid.
More information about this loan
This loan is a part of SMEP's loan program to promote clean drinking water in partnership with Water.org. Called WASH (Water, Sanitation and Hygiene), this program offers three loan products:1) Loans designed to increase access to water. This includes financing for water tanks, water connections, water kiosks, pumps, filters, dispensers and catchment systems.
2) Loans for sanitation improvements. This includes financing for the construction of bathrooms, toilets, septic tanks, soak pits, pit latrines, disposal units and incinerators.
3) Loans for the drilling and construction of boreholes, shallow wells and water towers. This also includes the establishment and improvement of water treatment plants and chemicals.
WASH loan products carry greater risk than typical Kiva loans because they are used to fund non-income generating assets (in most cases), and therefore will need to be repaid with other sources of income. This income may already be contingent on other loans held by loan recipients.
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