Funded

Total loan: $375
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Peterson

Kenya
Nyamira, Kenya / Dairy

A loan of $375 helped to buy a dairy cow.


Peterson's story

Peterson is a 42-year-old humble and hardworking man who hails from the Kisii area in Kenya, an area commonly referred to as a banana-growing region. Through his hard work he has been able to take care of his family of nine children and one wife. Life has not been that good, but he has always managed to put food on the table for his family.

Peterson's primary sources of income are tea, other crops and small businesses.Being still young all his nine children are still in school and that is why he has to work extra hard so that he can pay tuition fees for his children. Peterson believes that education is the key to success and that is why he wants to give all his children that education. For this reason he is seeking a loan of KES 31,200 to be able to purchase a dairy cow that will be of great help to him in terms of generating more income.

Through the loan he will be able to sell milk to his neighbors and the village around, where demand for milk is so high. This loan will be of much help and will help him educate his nine children and be able to give them a brighter future through education.

Peterson’s projections are that after a short period he will be able to increase the number of dairy cows that he has and be able to comfortably repay the loan.



Loan details

Loan length:

14 months
Disbursed date: June 17, 2014

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: June 17, 2014