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Lawrence
Lawrence is a 56-year-old married man. He describes himself to be patient and trustworthy. He operates rental houses where he charges customers rent to stay in his houses. He has been involved in this business for eight years. His business is located in a densely populated area. He describes his biggest business challenge to be sabotage by competitors. He will use the loan of Kes 30000 to repair his rental houses and pay his water bill. This is his second loan with SMEP DTM. His previous loan was paid 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
  • 1071
    View loans »
    Kenya Loans Fundraising
  • $40,408,475
    Funds lent in using Kiva
  • 85.1
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Lawrence to repair his rental houses and pay his water bill.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 13, 2013
Listed
Jul 11, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014