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Victoria

Update on Victoria

Victoria, being a happy businessman, expresses his happiness for the previous loans in this way. He has increased his operating capital, has started building his own house, and is now taking a new loan in order to support his business more by purchasing more items including sugar, rice, soap and cooking oil. He is happy for Finance Sudan and Kiva.

Previous Loan Details

Victoria, a 32-year-old businessman, lives in Juba where he is the married father of three children between the ages of six years and nine months, one of whom goes to school. Victoria has been operating a mixed-food store for the past 10 months. Having heard about Finance Sudan from the loan... More from Victoria'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 South Sudan

  • $2,000
    Average annual income
  • 0
    View loans »
    South Sudan Loans Fundraising
  • $2,343,750
    Funds lent in using Kiva
  • 4.4
    Sudan Pounds (SDG) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Victoria to purchase more items including sugar, rice, soap, and cooking oil.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 23, 2012
Listed
Aug 30, 2012
Currency Exchange Loss:
Possible
Ended:
May 17, 2013
This photo was used before for a previous loan for Victoria. It was first posted on Kiva on Feb, 2012. Learn More