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Sokiri

Update on Sokiri

Sokiri is a 26-year-old businessman. He says that he benefited a lot from the previous loan. He has increased his stock, made more profit, and is now planning to send one of his children to school.

Sokiri says that he is happy to receive another loan from Finance Sudan to increase his store inventory.

Previous Loan Details

Sokiri is a 26-year-old businessman who lives in Juba. He is married and has two children between the ages of three and one year old. None of them goes to school. Sokiri runs a mixed goods store business and has been in the business for four years. He has one employee. Sokiri heard about… More from Sokiri'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

  • $1,400
    Average annual income
  • 0
    View loans »
    South Sudan Loans Fundraising
  • $2,305,350
    Funds lent in using Kiva
  • 4.4
    Sudan Pounds (SDG) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped Sokiri to purchase more items like utensils, bags, earrings, cosmetics and many other inventory items.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 23, 2012
Listed
Nov 4, 2012
Currency Exchange Loss:
Possible
Ended:
May 17, 2013
This photo was used before for a previous loan for Sokiri. It was first posted on Kiva on Apr, 2012. Learn More