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Alice
Alice is a 62-year-old, married woman. She has three children. She describes herself as being visionary. She operates a farm where she keeps dairy cows, which produce milk for sale. She also grows vegetables. She has been involved in this business for 15 years. Her business is located in a fertile and ideal place and her primary customers are individual customers. She describes her biggest business challenge to be low prices.

Alice will use the KES 20,000 loan to buy farm inputs and to pay farm labor costs. Her business goal is to be a successful farmer within five years. This is Alice's first loan with SMEP Deposit Taking Microfinance Limited (SMEP DTM).

Additional Information

More information about this loan

This loan is part of SMEP's effort to empower small to medium-scale farmers in Kenya, where agriculture employs more than 75% of the work force. SMEP loans support a range of agricultural needs, including livestock, egg production, and farm inputs such as fertilizer, seeds, animal feeds, vaccination and farm equipment. Loan terms are structured around the maturity of the crop and/or the payback period of the inputs purchased. By supporting this loan you are helping farmers increase their production capacity, employ others and contribute to food security in the country.

About Kenya

  • $1,800
    Average annual income
  • 832
    View loans »
    Kenya Loans Fundraising
  • $42,925,925
    Funds lent in using Kiva
  • 87.1
    Kenya Shillings (KES) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $250 helped Alice to buy farm inputs and to pay farm labor costs.
99% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 28, 2014
Listed
May 16, 2014
Currency Exchange Loss:
Possible
Ended:
May 17, 2015