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Morris
Morris is a 35 year old married man. He has 4 children with ages ranging from 2 to 12 years. He describes himself as diligent. He operates a farm where he sells farm produce. His business is located on agricultural land and his primary customers are local residents. He describes his biggest business challenge to be insufficient funds for improving the business. He will use the Kes 26,500 loan to buy a water tank that will be used by his six family members. His business goal is to improve his business within 5 years. He hopes that in the future, he will buy land and build a permanent house for his family. This is his second loan with SMEP DTM after the previous one of Kes 20,000 which he managed to pay successfully.

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
  • 477
    View loans »
    Kenya Loans Fundraising
  • $38,222,800
    Funds lent in using Kiva
  • 85.7
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Morris to buy a water tank.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 20, 2012
Listed
Nov 21, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2013