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Betty
Betty is a Kiva borrower who describes herself as focused. She has taken a loan of 20,000 KES to buy a water tank that will benefit six members of her family. She will use it to ensure they have clean and sufficient water. Her source of income is a beauty salon. She faces the challenge of competition from other beauty salons. In the future she wants to grow economically and improve her living standards. This is her third loan with SMEP DTM. Her previous loans of amounts 20,000 KES and 150,000 KES were 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
  • 797
    View loans »
    Kenya Loans Fundraising
  • $40,271,975
    Funds lent in using Kiva
  • 85.7
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Betty to buy a water tank.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 18, 2013
Listed
Jun 28, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2014