Update on Lydia WairimuLydia is married and has two children, ages 7 and 13. She describes herself to be an ambitious and self-motivated woman. She operates a tailoring retail store where she sells skirts, clothing materials and suits. She employs one staff member. Her business is located in a busy business environment and her primary customers are civil servants. She describes her biggest business challenge to be the high cost of fabric. She will use the KES 20,000 loan to buy materials for making clothes for resell. Her business goal is to improve his business within five years. She hopes that in the future, she will run a fashion house.
Previous Loan DetailsLydiah Wairimu, 39 years old, is single and has two children. She has been selling clothes to businesswomen for the last fifteen years. Her business is faced with the problem of high prices of the materials, which she imports from the neighboring country, Uganda. She wants a loan of Kshs.25,000 ... More from Lydia Wairimu's previous loan »
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.
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Success!! The loan was 100% repaid
- Repayment Term
- 9 months (Additional Information)
- Repayment Schedule
- Jun 28, 2012
- Jul 26, 2012
- Currency Exchange Loss:
- Dec 17, 2013
Photo from previous loan
Kiva allows our Field Partners to re-use the same photo for individual borrowers that have been posted on Kiva's website once before in a 24 month period, and we allow them to re-use group photos for up to 24 months, provided that 80% of the current group's membership is represented.
Taking, collecting, and uploading photos of borrowers is one of the most challenging elements of using Kiva for our Field Partners. In order to make Kiva easier for Field Partners to use, we have allowed them to post successive and concurrent loans without taking a new photo of the borrower if the criteria above are met.