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Riziki
Riziki is a 29-year-old married woman who has five children. She owns a rental house where she provides housing accommodations. She has been involved in this business for three years. Her business is located at a busy area and her primary customers are local residents. She describes her biggest business challenge to be high land rent. She will use the KES 50,000 loan to pay for the renovation of the rental house. Her business goal is to expand her business within five years. This is her third loan with SMEP DTM.

Additional Information

About Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About Kenya

  • $1,800
    Average annual income
  • 807
    View loans »
    Kenya Loans Fundraising
  • $42,362,775
    Funds lent in using Kiva
  • 86.9
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Riziki to pay for the renovation of the rental house.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 18, 2013
Listed
Jan 21, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2014