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Dende

Update on Dende

Dende's business has been progressing well. She now looks forward to cashing in on the new year requirements of school uniforms by providing some as the schools open. She believes, from the signs during the previous loan, that the business will improve.

Dende is applying for a loan of 43,150 Kenyan shillings to purchase material and dresses for sale. The extra income from the loan will be added to her savings to improve on the living standard of the family.

Previous Loan Details

Dende is a resident of Likoni, Kenya. She owns a tailoring shop which has been in operation for the last six years. She was formally a member of a ‘merry go round’, an informal saving scheme where people save and lend to each single person in turns. It is from here that she obtained the capital t... More from Dende'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
  • 1029
    View loans »
    Kenya Loans Fundraising
  • $43,108,375
    Funds lent in using Kiva
  • 86.7
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Dende to purchase material and dresses for sale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 26, 2012
Listed
Jan 15, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 13, 2014
This photo was used before for a previous loan for Dende. It was first posted on Kiva on Feb, 2012. Learn More