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Maimuna
Maimuna is a 50-year-old, married woman. She has eight children. She describes herself to be a hard-working, humble, and determined woman. She operates a restaurant where she sells tea, snacks, and food. Her primary customers are local residents. She describes her biggest business challenge to be insufficient funds for improving the business.

She will use the KES 8,700 loan to buy a water tank which will be used by her family members. Her business goal is to run a hotel business within five years. Previously, Maimuna managed to pay the loan amount of KES 20,000. This is her third loan with SMEP Deposit Taking Microfinance Limited (SMEP DTM).

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
  • 934
    View loans »
    Kenya Loans Fundraising
  • $41,750,050
    Funds lent in using Kiva
  • 87.6
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $100 helped Maimuna to buy a water tank for the use of her family.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 30, 2013
Listed
Jan 31, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014