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Regina Oba

Update on Regina Oba

Regina, being a serious businesswoman, benefited from the previous loans as follows: she has increased her capital, expanded her restaurant, and paid part of her children's school fees. She is now taking another loan to purchase more food items like meat, rice, beans, etc. She is happy for Finance South Sudan and Kiva.

Previous Loan Details

Regina is a 32 year old businesswoman who lives in Juba. She is married and has 3 children between the ages of 4 and 10. All of her children go to school. Regina runs a restaurant, and has been in business for 5 years. She has two employees. She heard about Finance Sudan through other clients... More from Regina Oba'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
  • 2
    View loans »
    South Sudan Loans Fundraising
  • $2,318,975
    Funds lent in using Kiva
  • 3.2
    South Sudanese Pounds (SSP) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,250 helped Regina Oba for buying items like meat, beans, rice, etc.
100% repaid
Repayment Term
10 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 27, 2013
Listed
Mar 3, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2013
This photo was used before for a previous loan for Regina Oba. It was first posted on Kiva on Sep, 2012. Learn More