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Update on Samson

Samson is a resident of Malindi, Kenya. His business has witnessed some growth over the years. He is a married father of three children, one of whom is in school. Samson is applying for a loan of 52,300 Kenya shillings to buy bars of metal, soldering rods and other requirements for his welding work. The challenge he has been facing is the high cost of materials. He believes the loan will enable him to restock his shop for welding work and that the income from such an investment will help him pay for his child’s education.

Previous Loan Details

Samson is a welder living in Malindi, Kenya. He is a married father of three children and has been in this business for 5 years. He got the capital from relatives to start the business. He is applying for a loan of 26,300 Kenya shillings to purchase a welding machine. Samson is focused on mar... More from Samson'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
  • 1045
    View loans »
    Kenya Loans Fundraising
  • $43,108,375
    Funds lent in using Kiva
  • 86.0
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Samson to buy bars of metal, soldering rods and other requirements.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Nov 21, 2012
Dec 4, 2012
Currency Exchange Loss:
Dec 17, 2013
This photo was used before for a previous loan for Samson. It was first posted on Kiva on May, 2012. Learn More