Update on HendriterHendriter is a 28-year-old, married woman. She has four children. She describes herself as honest, warm, and customer-friendly. She operates a charcoal retail business, where she sells charcoal. She has been involved in this business for one year. Her business is located at a local residential area, and her primary customers are people who live nearby. She says her biggest business challenge is insecurity in the area.
In addition to the charcoal business, Hendriter runs some rental houses, and this activity increases her business income.
She will use the KES 30,000 loan to buy charcoal to resell, and to pay for the renovation of some rental houses. Her business goal is to expand her business within five years.
Previous Loan DetailsHendriter is a 27-year-old married woman. She has four children with ages ranging from 3 years to 12 years. She describes herself to be honest, trustworthy and God fearing. Hendriter operates a charcoal sales business, selling charcoal to the local people. She has been involved in this busine... More from Hendriter's previous loan »
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.
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