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Paul
Paul is a married man, aged thirty years, and he has three children, aged between four and six years. He is involved in a transport business, and he plans to use this loan to diversify his investment, by opening a grocery store. He operates in a busy environment, and his customers are local residents. Paul faces the problem of insufficient funds. He plans to buy another motorcycle with the anticipated profits from using this loan. Paul is hardworking and hopes that, in five years time, he will be operating taxi transport services. The taxi business would result in higher income, translating to a better living standard. This is Paul's first loan with SMEP DTM.

About Kenya

  • $1,800
    Average annual income
  • 897
    View loans »
    Kenya Loans Fundraising
  • $42,385,525
    Funds lent in using Kiva
  • 83.9
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Paul to diversify his business by opening a grocery store.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 27, 2013
Listed
May 7, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2013