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Mary
Mary, age 59 and widowed, operates a retail store where she sells household items and snacks. Her business is located along a busy shopping centre and her primary customers are local residents. She describes her biggest business challenge to be insufficient funds for improving the business. She has six children.

Mary will use her loan of Kes 41,500 to buy a water tank, which will be used by her family to maintain the household. Her business goal is to improve the business within five years. This is her second loan with SMEP DTM. Her first loan of Kes 20,000 was successfully repaid.

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
  • 842
    View loans »
    Kenya Loans Fundraising
  • $42,925,925
    Funds lent in using Kiva
  • 87.5
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Mary to buy a water harvesting tank.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 1, 2013
Listed
Jan 26, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2014