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Peter
Peter is a married man. He has two children. He operates a farm where he grows crops. He describes his biggest business challenge to be lack of funds. He will use the KES 40,000 loan to buy farm inputs. Peter hopes that in the future, his farm will produce high yields. This is his second loan with SMEP Microfinance Bank. His previous loan was repaid successfully.

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.

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About Kenya

  • $1,800
    Average annual income
  • 995
    View loans »
    Kenya Loans Fundraising
  • $40,867,100
    Funds lent in using Kiva
  • 88.2
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Peter to buy farm inputs.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jul 22, 2014
Listed
Aug 26, 2014
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2015