Check out some available loans that are similar to this one!
Peter
Peter lives and works close to Kitale town. Kitale is located in the Trans-Nzoia district of western Kenya. It is located close to Uganda and Mount Elgon, an extinct volcano which straddles the two nations and even has a peak at the Kenya-Uganda border. Founded by European settlers in the early 1900s, Kitale originally grew due to its proximity to the Ugandan railway.

The area around Kitale is filled with natural forests, and the maintenance of tree covers by the area’s residents has helped both preserve the region’s soil and ensured that the area remains good for beekeeping. Kitale is the headquarters of the Kenya Seed Company, whose massive sunflower plantations provide nearby bees with a veritable buffet of high-quality forage.

Peter is married and has four children. Both him and his wife have been farming for twenty three years and are currently growing maize, an orchard, beans, and bananas and rearing livestock.

Peter is looking forward to becoming a beekeeper because the hives do not take up much space on his farm, yet still produce good income.

This is Peter’s first loan with Kiva, and he plans to use the income from his hives to “improve farming in general.”

Additional Information

About Honey Care Africa

Honey Care Africa (HCA) is a for-profit social enterprise that trains smallholder farmers to become commercial honey producers and provides ongoing support for hive owners. Founded in Kenya in 2000, it is a member of the World Fair Trade Organization and aims to increase the income of rural farmers throughout East Africa.

Kiva lenders’ funds will help HCA make loans in the form of a certain number of beehives per family to jumpstart income. This new approach will simplify the process of hive purchase and honey production and will enable HCA to reach many more farmers. Farmers will repay the organization the same way they would for a typical loan.

This Kiva loan will be used to provide borrowers with needed goods or services, as opposed to cash or financial credit.

Tags

About Kenya

  • $1,800
    Average annual income
  • 452
    View loans »
    Kenya Loans Fundraising
  • $38,327,075
    Funds lent in using Kiva
  • 87.5
    Kenya Shillings (KES) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $200 helped Peter to buy beehives and apiary materials for honey production.
0% repaid
Repayment Term
50 months (Additional Information)
Repayment Schedule
At end of term
Disbursed:
Nov 24, 2013
Listed
Oct 14, 2013
Currency Exchange Loss:
Possible