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Betty

Update on Betty

Betty said that she benefited from the previous loans as follows; she increased her working capital, she bought many clothes, she paid part of her children school fees. She is now taking a new loan to buy more stock and expand her business.

Previous Loan Details

Betty is a 33-year-old businesswoman who lives in Juba. She is married and has four children between the ages of 4 and 11. All of them go to school. Betty runs a general store. She has been in business for five years. She has no employees. She heard about Finance Sudan through other clients... More from Betty'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

  • $2,000
    Average annual income
  • 0
    View loans »
    South Sudan Loans Fundraising
  • $2,343,750
    Funds lent in using Kiva
  • 3.2
    South Sudanese Pounds (SSP) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped Betty to purchase clothes and other items.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 14, 2013
Listed
Feb 18, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2013
This photo was used before for a previous loan for Betty. It was first posted on Kiva on Sep, 2012. Learn More