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Elizabeth
Elizabeth is a married woman. She has 4 children with ages ranging from 1 year to 17 years. She describes herself as social and a businesswoman. She operates an electronic retail store and butcher shop where she sells both meat and electronic goods. She has been involved in this business for 10 years. Her business is located in a potential business area and her primary customers are local residents. She describes her biggest business challenge to be the fluctuation of the cost of electronics and a shortage of meat to sell.

She will use the loan of 41,500 KES to buy a water tank which will be used by her six family members. Her business goal is to expand her butcher and electronic shop within 5 years. This is her seventh loan with SMEP DTM. Previously, she took out a loan of 100,000 KES which she managed to pay back.

Additional Information

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.

About Kenya

  • $1,800
    Average annual income
  • 347
    View loans »
    Kenya Loans Fundraising
  • $38,138,825
    Funds lent in using Kiva
  • 85.3
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Elizabeth to buy a water tank for use by her family.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 30, 2012
Listed
Nov 19, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2015