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Erastus
Erastus has been renting a motorcycle for micro-business work for three years. He is married with two children and lives in a heavily populated suburb of Kisumu City. Erastus has committed to providing transport to Community Health Workers (CHWs) targeting youth groups and patients. Erastus says owning the bike is great but supporting his community is greater. Ersatus should also be able to grow his business and provide for his family. He belongs to a business association and hopes to encourage many more members to join in supporting the CHW work in Kisumu City.

Additional Information

About Motorbank Kenya:

Motorbank Kenya is a microfinance institution that helps motorcycle drivers in Kenya purchase their own bikes, enabling them to make more money and do good in their communities. It is the only organization that specializes in motorcycle loan plans that enable borrowers to make daily, weekly or monthly installment with a reasonable or no deposit option. In addition, the company offers training in entrepreneurship, safe driving, first aid and more.

Aiming to ease transportation challenges faced by health workers in Kenya, Motorbank has developed a loan product called BodAfya, offered to both Community Health Workers (CHWs) and motorcycle taxi drivers that commit to expanding community health outreach in remote areas where hospitals are not accessible due to poor infrastructure and long distances. Kiva lenders’ funds are used to decrease interest rates on this loan product and expand the program’s outreach in more rural communities.

Motorbank joined Kiva through our Experimental Partnership Program, and has therefore received a lighter level of due diligence. Accordingly, loans associated with this partner carry a higher level of risk than typical Kiva loans.

About Kenya

  • $1,800
    Average annual income
  • 568
    View loans »
    Kenya Loans Fundraising
  • $49,708,225
    Funds lent in using Kiva
  • 83.9
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Erastus to purchase a motorcycle to support community health work and run a taxi business.
100% repaid
Repayment Term
7 months (Additional Information)
Repayment Schedule
Monthly
Disbursed:
Jun 15, 2013
Listed
May 16, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 6, 2016