Update on TabithaTabitha is a 29-year-old married woman. She has a daughter who is five years old. She describes herself to be honest, hard working and courageous. She operates a beauty salon where she provides hair services. She has been involved in this business for four years. Her business is located at a strategic business area along a road and her primary customers are local residents. She describes her biggest business challenge to be few customers turning to the business. She will use the KES 100,000 loan to buy beauty salon equipment. Her business goal is to build her own house and live happily with her family within five years. This is her fifth loan with SMEP DTM. Tabitha previously took a loan of KES 32,700 with which she bought a water tank and installed it. Her family is now happy as they can use the tapped water for their household chores, cow and chickens.
Previous Loan DetailsTabitha, 28 years old, is married and has a daughter who is 4 years old. She describes herself as warm and friendly. For the past 3 years, Tabitha has operated a farm and a poultry business where she sells eggs, milk, vegetables such as kale, pumpkins and paw paw (papaya). Her business is located… More from Tabitha's previous loan »
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.
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