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Bori
Bori is a Kiva borrower. He describes himself as honest, trustworthy, reliable and committed to work. He operates a retail shop where he sells food stuffs and household items. He describes his biggest business challenge as lack of water storage facilities and walking long distances to look for water. He will use the KES 39,000 loan to buy a water tank to store clean water for domestic use. He hopes that in the future, he will have more branches of retail shops. This is his sixth loan with SMEP DTM. Previous loans of KES 200,000 and KES 150,000 were repaid 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.

Tags

About Kenya

  • $1,800
    Average annual income
  • 942
    View loans »
    Kenya Loans Fundraising
  • $41,750,050
    Funds lent in using Kiva
  • 87.4
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $450 helped Bori to buy a water tank.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 13, 2013
Listed
Sep 28, 2013
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2014