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Ecra

Update on Ecra

Ecra owns a clothing business and is glad about the progress that her business has made. The new clothes she purchased from her recent loan enabled her business to repay the loan quickly. She is grateful to the lenders for such great support and for the impact on her life and business.

Her clothing dealership has continued to progress well and she now intends to increase the stock. Ecra is applying for a loan of 128,650 Kenya shillings to purchase new clothing. She will use the extra income from this loan to educate her children.

Previous Loan Details

Ecra is a resident of Changamwe, Kenya. She is a clothes dealer; a business she began 5 years ago. She is married and has three school-going children. Ecra was introduced to Milango by her friends; she joined in order to access funding for her business. Ecra is applying for a loan of 80,000 KES… More from Ecra'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
  • 365
    View loans »
    Kenya Loans Fundraising
  • $38,138,825
    Funds lent in using Kiva
  • 86.8
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,500 helped Ecra to purchase more clothing for sale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 26, 2012
Listed
Jan 18, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 13, 2014
This photo was used before for a previous loan for Ecra. It was first posted on Kiva on Dec, 2011. Learn More