She operates a dairy farm where she keeps dairy cows that produce milk for sale. She describes her biggest business challenges as lack of water and high prices of water facilities.
She will use the KES 21,000 loan to buy a 3,000 litre water tank to store clean water for domestic use. She hopes that in the future, she will purchase another dairy cow. This is her second loan with SMEP DTM. A previous loan of KES 20,000 was repaid successfully.
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.
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