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Lydiah

Update on Lydiah

Lydiah is quite happy about the progress her business has made. Prior to the festive season, she made great sales which enabled her to complete the repayments on time. She is applying for a loan of Ksh 85,900 Kenya shillings to increase the amount of stock in her business buying sugar, wheat and maize flour, and cereals, etc.

Lydiah looks forward to improving her business because she believes it is her only source of livelihood and can help pay the school fee requirements of her children. She still harbors the ambition of growing it to a wholesale shop.

Previous Loan Details

Lydiah lives in Kilifi area of Coast Province, Kenya. She is married and has three children. She owns a retail shop that she has been operating for six years. She learned about Milango through friends who invited her to the group, and she joined with the aim of accessing credit to improve he... More from Lydiah'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
  • 939
    View loans »
    Kenya Loans Fundraising
  • $41,036,925
    Funds lent in using Kiva
  • 86.7
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Lydiah to buy sugar, wheat and maize flour, and cereals.
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:
Dec 17, 2013
This photo was used before for a previous loan for Lydiah. It was first posted on Kiva on Sep, 2012. Learn More