Check out some available loans that are similar to this one!
Tabitha

Update on Tabitha

Tabitha is 37 years old. She operates a retail shop to earn a living. She previously acquired a loan of 80,000 KES which helped her to buy maize flour, sugar, cooking oil and salt. She dreams of expanding her business in the future. She has requested for a loan of 100,000 Kenya shillings to buy ten bales of wheat flour for resale.

Previous Loan Details

Tabitha is a hardworking 36-year-old. She is married and blessed with three school-going children. She has been operating a retail shop for the last six years. She supplements her income through a taxi business and rental houses. Her dream is to own more rental houses. She wants a loan of 80,000 ... More from Tabitha's previous loan »

Additional Information

About Faulu Kenya

Faulu Kenya aims to empower Kenyans by providing relevant financial solutions. Faulu is a sustainable and profitable microfinance institution that offers savings and credit services to over 225,000 Kenyans. Faulu recently became the first MFI in Kenya to be licensed as a Deposit-Taking Micro-Finance Company, which will enable Faulu to better serve its clients.

Concurrent and Successive Loans

Our Field Partners often work with borrowers over a series of loans as the borrowers build credit, take out bigger loans, and expand their businesses. In order to make it easier for our Field Partners to post loans for borrowers who have been listed on Kiva before, we allow them to post successive and concurrent loans for their Kiva borrowers. This means that our Field Partners are able to post a borrower's second, third, etc., loan on Kiva without having to re-enter all of the borrower's information.

This borrower has been listed on Kiva before, so you'll see an updated loan description, as well as excerpts of the original descriptions from earlier loans. Most borrowers take out loans consecutively, meaning that they receive a second loan after having repaid the first. However, sometimes our Field Partners give out concurrent loans, allowing borrowers to take out one primary loan and a secondary "add-on" loan along with it. These "add-on" loans are typically smaller than the borrower's primary loan and serve a different purpose. Because Field Partners can now post loans as successive and concurrent loans, you will be able to track borrower progress over time and see the various ways a borrower is working with our Field Partners through funds from Kiva’s lenders.

About Kenya

  • $1,800
    Average annual income
  • 723
    View loans »
    Kenya Loans Fundraising
  • $42,214,325
    Funds lent in using Kiva
  • 84.0
    Kenya Shillings (KES) = $1 USD