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Zipporah

Update on Zipporah

Zipporah used her previous loan to buy dairy feed and mash for the chicks. With the loan, her business improved and the chicks matured and she sold them, making good profits. She was able to save more profit from the additional income. She has requested another loan of 60,000 KES to buy 600 chicks and chicks mash.

Previous Loan Details

Zipporah is 39 years old and married, with two children, aged 8 and 13. She practices poultry farming to earn a living. She has employed one person to assist her in her tasks. Besides poultry farming, she also does dairy farming to supplement her income. Zipporah has benefited from Faulu ... More from Zipporah'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
  • 845
    View loans »
    Kenya Loans Fundraising
  • $40,311,575
    Funds lent in using Kiva
  • 84.0
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Zipporah to buy 600 chicks and chicks mash.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 14, 2012
Listed
Aug 27, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 2, 2013