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Stephen
Stephen is a married man who has one child. He describes himself to be optimistic. He operates a welding business where he makes gates, chairs and other welding services. His business is located in a vibrant location and his primary customers are of all types. He describes his biggest business challenge to be lack of capital. He will use the KES 50,000 loan to buy steel and other welding materials. His business goal is to own a welding machine within five years. He hopes that in the future, he will buy a piece of land. This is his second loan with SMEP Microfinance bank. His previous loan was repaid successfully.

About Kenya

  • $1,800
    Average annual income
  • 741
    View loans »
    Kenya Loans Fundraising
  • $42,304,775
    Funds lent in using Kiva
  • 88.0
    Kenya Shillings (KES) = $1 USD
Paying Back - Currency Exchange Loss

This loan has been fully funded!

A loan of $575 helped Stephen to buy steel and other welding materials for his business.
82% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 15, 2014
Listed
Aug 25, 2014
Currency Exchange Loss:
Possible