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

Update on Fredrick Osore

Fredrick is a 26 year old married man. He describes himself to be a visionary man. He operates a retail store where he sells clothes and bags. He has been involved in this business for 3 years. His business is located within a busy market and his primary customers are local residents.

Fredrick describes his biggest business challenge to be poor infrasture of roads that connect to his business premises. He will use the KES 35,000 loan to buy more bags to resell. His business goal is to improve his business within 5 years. He hopes that in the future, he will have expanded his business with profits generated.

Previous Loan Details

Fredrick is a 25-year-old single man. He describes himself to be a visionary. He operates a clothing sales business where he sells clothes to the local people. He has been involved in this business for two years. His business is located in a shopping centre. He describes his biggest business chal... More from Fredrick Osore'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
  • 727
    View loans »
    Kenya Loans Fundraising
  • $42,304,775
    Funds lent in using Kiva
  • 83.9
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped Fredrick Osore to increase his stock of clothes.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 11, 2012
Listed
Jul 30, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013
This photo was used before for a previous loan for Fredrick Osore. It was first posted on Kiva on Oct, 2011. Learn More