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Benjamin

Update on Benjamin

Benjamin says that he benefited from the previous loans by increasing his business capital to buy maize flour and many other items. He is now taking another loan to buy more flour and other items, and he says that he is happy for the loans.

Previous Loan Details

Benjamin is a 45-year-old businessman who lives in Juba. He is married with 6 children between the ages of 19 and 3 years old. Five of them go to school. Benjamin runs a food store business, and he has been in the business for 3 years. He has 1 employee. Benjamin heard about Finance South Su... More from Benjamin'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 South Sudan

  • $1,400
    Average annual income
  • 0
    View loans »
    South Sudan Loans Fundraising
  • $2,322,100
    Funds lent in using Kiva
  • 3.2
    South Sudanese Pounds (SSP) = $1 USD

Success!! The loan was 100% repaid

A loan of $950 helped Benjamin to purchase more items like maize flour, wheat flour and many others.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 13, 2013
Listed
Feb 15, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2013
This photo was used before for a previous loan for Benjamin. It was first posted on Kiva on Apr, 2012. Learn More