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Rosalia
Rosalia is a married woman. She describes herself to be warm, jovial and a customer-friendly woman. She operates a grocery store where she sells items such as pumpkin, paw paw, onions, kale, mangoes, etc. She describes her biggest business challenge to be insufficient funds for improving the business.

Rosalia will use the Kes 21,000 loan to buy a water tank which will be used by her family members. Her business goal is to run a new retail shop within five years. This is her sixth loan with SMEP DTM after taking a loan of Kes 20,000 which she managed to repay 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
  • 946
    View loans »
    Kenya Loans Fundraising
  • $42,867,100
    Funds lent in using Kiva
  • 87.6
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Rosalia to buy a water tank.
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:
Feb 17, 2014