Check out some available loans that are similar to this one!
Karisa

Update on Karisa

Karisa lives in the Kongowea area of Coast province, Kenya. He is a married father of two children. He owns a retail shop, a business which he has been operating for two years. In this shop, Karisa sells charcoal. He has also begun selling water pipes, sewage construction materials and tanks.

Owing to a challenge he received last year, he decided to pay off the previous loan and take a new one in this year. Karisa is applying for a loan of 93,850 Kenya shillings to buy other local animals for trading and stock for his retail shop, e.g. pipes, charcoal, etc. The extra income from the loan will be added to his savings to improve the living standards of his family.

Previous Loan Details

Karisa lives in the Kongowea area of Coast province, Kenya. He is a married father of two children. He owns a retail shop, a business which he has been operating for two years. In this shop, Karisa sells charcoal. Besides this, he also keeps indigenous animals and sells them, managing the trade o... More from Karisa'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
  • 730
    View loans »
    Kenya Loans Fundraising
  • $42,190,575
    Funds lent in using Kiva
  • 87.5
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,075 helped Karisa to buy other local animals, stock in retail shop e.g. pipes, charcoal etc.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 9, 2013
Listed
Jan 24, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2014
This photo was used before for a previous loan for Karisa. It was first posted on Kiva on Dec, 2012. Learn More