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Jacob
Jacob is a 34-year-old married man with three children. The eldest child is eight and the youngest is two years old. He is applying for a loan of KES 40,000 to purchase a second hand motorcycle for transportation. His boda boda business has been running for the past five years and now he wants to purchase his own motorcycle. Most of his customers are working people who need to be transported to their work places. This will be his first application for a loan with SMEP DTM.

About Kenya

  • $1,800
    Average annual income
  • 960
    View loans »
    Kenya Loans Fundraising
  • $41,127,600
    Funds lent in using Kiva
  • 83.5
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Jacob to purchase a second hand motorcycle.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 6, 2013
Listed
Jun 1, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014