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Wilfred

Update on Wilfred

Wilfred is grateful for the first loan he received because it helped him progress. He was able to meet the family's needs and repay the loan on time.

Wilfred is applying for a loan of 83,450 Kenyan shillings to purchase poultry and chicken feed, and to renovate the poultry house. He desires to be a renowned supplier of poultry products in the area and is on course to achieving his target.

Previous Loan Details

Wilfred is a poultry farmer who lives in Changamwe, Kenya. The business has been running for half a year. Wilfred is also married and has two children. Wilfred is applying for a loan of 40,000 Kenya shillings to purchase poultry and chicken feed. He looks forward to being a major supplier of p... More from Wilfred'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
  • 979
    View loans »
    Kenya Loans Fundraising
  • $41,774,625
    Funds lent in using Kiva
  • 86.8
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $975 helped Wilfred to purchase poultry and chicken feed, and to renovate the poultry house.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 9, 2013
Listed
Jan 19, 2013
Currency Exchange Loss:
Possible
Ended:
May 7, 2014
This photo was used before for a previous loan for Wilfred. It was first posted on Kiva on Feb, 2012. Learn More