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Agnes

Update on Agnes

Agnes is a 39-year-old, married woman. She has two children, ages 6 and 9 years. She describes herself as an optimistic and goal-oriented woman. She operates a retail store, where she sells plastic items such as cups, plates, etc. She has been involved in this business for two years. Her business is located at a profitable business area, and her customers are primarily local residents. She says her biggest business challenge is insufficient funds for improving the business.

She will use the KES 50,000 loan to buy plastic items to resell. Her business goal is to expand her business and employ at least five people in the business, within five years. This is her second loan with SMEP DTM. Agnes also does livestock farming, which increases her business income.

Previous Loan Details

Agnes is a married woman. She has 2 children ages 6 and 9. She describes herself to be ambitious and honest . She operates a retail store where she sells plastic items such as bowls, plates etc. She has been involved in this business for 2 years and employs 1 staff member. Her business is located... More from Agnes'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
  • 859
    View loans »
    Kenya Loans Fundraising
  • $42,924,225
    Funds lent in using Kiva
  • 87.4
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Agnes to buy more plastic items to resell in her store.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 13, 2013
Listed
Feb 17, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014
This photo was used before for a previous loan for Agnes. It was first posted on Kiva on Jun, 2012. Learn More