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Salim

Update on Salim

Salim received considerable income after the repair of his three-wheeler vehicle. He has also earned some income from the battery charging shop.

He wants to grow his business by applying for a 73,100 KES loan to add a stock of retail material to his shop, such as mobile phone accessories.

Previous Loan Details

Salim lives in Changamwe, Kenya. Salim is married and has three school going children. He owns a three wheeler vehicle – tuktuk. The business has been in operation for the last ten years. Besides this, he also has a battery charging center. He is applying for a loan of Ksh 30,000 to repair his ... More from Salim's previous loan »

Additional Information

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
  • 1194
    View loans »
    Kenya Loans Fundraising
  • $40,516,775
    Funds lent in using Kiva
  • 84.2
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $875 helped Salim to buy stock of retail material, such as mobile phone accessories.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 18, 2012
Listed
Aug 16, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013
This photo was used before for a previous loan for Salim. It was first posted on Kiva on Dec, 2011. Learn More