Check out some available loans that are similar to this one!
Mwanaisha

Update on Mwanaisha

Mwanaisha's businesses have picked up very well. She was also able to start an electronics shop besides the water vending business. The income from the previous loan helped to pay for her children's education. She also supports wedding functions like hiring generators out and selling neon lights for such functions. She is applying for a loan of 41,900 Kenya shillings to buy additional stock of electrical and electronic goods for sale.
Her ambition is to grow this new business to a wholesale.

Previous Loan Details

Mwanaisha lives in the Malindi area of Coast Province, Kenya. She has three children. She owns a water business, a business which she has been operating for two years. In an attempt to increase her level of income, she hopes to start a grocery stall. She learnt about Milango through friends wh... More from Mwanaisha'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
  • 581
    View loans »
    Kenya Loans Fundraising
  • $39,225,400
    Funds lent in using Kiva
  • 85.3
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Mwanaisha to purchase electrical and electronic goods to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 27, 2013
Listed
Mar 14, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014
This photo was used before for a previous loan for Mwanaisha. It was first posted on Kiva on Aug, 2012. Learn More