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Mueni

Update on Mueni

Mueni is quite happy about the progress her business is making. The small business she began through the sale of farm produce is now providing a means to educate her children.

Mueni is applying for a loan of 41,850 Kenya shillings to buy fruits and vegetables in wholesale. The extra income these products will provide will go towards paying for school fees and repaying the loan.

Previous Loan Details

Mueni lives in the Mariakani area of Coast province, Kenya. She is married and has five children. Mueni owns a green grocer which she has been operating for seven years.

Mueni learned about Milango through a friend. Her aim is to access credit to improve her business operations. Mueni is ap... More from Mueni'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
  • 1057
    View loans »
    Kenya Loans Fundraising
  • $40,896,100
    Funds lent in using Kiva
  • 87.6
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Mueni to buy fruits and vegetables in wholesale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 23, 2013
Listed
Jan 29, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013
This photo was used before for a previous loan for Mueni. It was first posted on Kiva on Jul, 2012. Learn More