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Malachi
Malachi is a married man. He has 1 child. He describes himself as influential and honest. He operates a transport business where he transports customers using his motorcycle. He also owns a retail shop where he sells household goods.

He has been involved in this business for 5 years. His primary customers are local residents. He describes his biggest business challenge as insecurity and inflation of prices.

He will use the KES 100,000 loan to buy spare parts for his motorcycle and add stocks of bread, milk and other household goods for his retail shop. His business goal is to open a supermarket within 5 years. He hopes that in the future he will own a business premise. He will use the anticipated profits to invest in other areas. Previously he owned a butchery. This is his second loan with SMEP DTM. His previous loan of KES 250,000 was repaid successfully.

Tags

About Kenya

  • $1,800
    Average annual income
  • 615
    View loans »
    Kenya Loans Fundraising
  • $40,262,550
    Funds lent in using Kiva
  • 86.0
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,175 helped Malachi to buy spare parts for his motorcycle and add stocks of bread, milk and other household goods.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 15, 2014
Listed
Jan 18, 2014
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2015