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Leonard
Leonard is a married man with four children. He describes himself as an entrepreneur and a risk taker.

Leonard operates a fish stall, selling fish. He will use the KES 26,500 loan to buy a water tank to store clean water for domestic use. Seven members of the family will benefit from this water tank. The family faces a challenge of water shortage.

He hopes that in the future, he will improve profits. This is his first loan with SMEP DTM.

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.

Tags

About Kenya

  • $1,800
    Average annual income
  • 738
    View loans »
    Kenya Loans Fundraising
  • $42,304,775
    Funds lent in using Kiva
  • 87.4
    Kenya Shillings (KES) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $325 helped Leonard buy a water tank.
99% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 30, 2013
Listed
Sep 3, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2015