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Daniel
Daniel is a Kiva borrower who describes himself as focused. He has taken out a loan of KES 20,000 to buy a water tank that will serve seven members of his family. The family faces water shortage challenges, hence the need for a water tank that will be used to store clean water for consumption. He operates a bicycle transport business, carrying customers from one place to another. He faces a challenge of competition from other operators in this business. This is his first loan from SMEP DTM. He hopes that in future he will be able to buy a motorcycle.

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
  • 433
    View loans »
    Kenya Loans Fundraising
  • $38,192,375
    Funds lent in using Kiva
  • 85.7
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Daniel to buy a water tank to store clean water for consumption.
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