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Fanuel
Fanuel farms tomatoes and potatoes to earn an income. He has been involved in this business for five years. He describes himself as a risk taker, but reports that his biggest business challenge is lack of sufficient capital.

He and his wife have six children, ages 13 to 19 years old.

He will use his Kes 20,000 loan to buy farm inputs. His goal for the future is for his farm to make good profits.

This is Fanuel's first loan with SMEP Microfinance Bank.

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
  • 627
    View loans »
    Kenya Loans Fundraising
  • $39,186,375
    Funds lent in using Kiva
  • 87.7
    Kenya Shillings (KES) = $1 USD
Paying Back

This loan has been fully funded!

A loan of $250 helped Fanuel buy farm inputs.
75% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 3, 2014
Listed
Jul 23, 2014
Currency Exchange Loss:
Possible