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Update on Theophilous

Theophilous is grateful for the loan he received from Milango. He used the first loan to repair the vehicle, which he later sold off. Theophilous is now applying for a loan of 83,500 KES to buy a three-wheeled vehicle. Because the funds are not enough, he wants to add this to the contribution with his other friends to purchase a three-wheeler in partnership. His ambition is to own a three-wheeler.

Previous Loan Details

Theophilous lives in the Changamwe area of Coast province. He has one child. He owns a transport business; a three-wheeler vehicle which is preferred in the interior of major towns within the coastal area. The business has been operating for two years now. He learnt about Milango through a fri... More from Theophilous'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
  • 742
    View loans »
    Kenya Loans Fundraising
  • $43,812,675
    Funds lent in using Kiva
  • 87.6
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $975 helped Theophilous to buy a three-wheeled vehicle.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jan 30, 2013
Feb 19, 2013
Currency Exchange Loss:
Dec 17, 2013
This photo was used before for a previous loan for Theophilous. It was first posted on Kiva on Aug, 2012. Learn More