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Linet

Update on Linet

Linet's school is running well. She was able to provide desks and chairs from the previous loan. As a result of the increased enrollment, she looks forward to supplying textbooks.

She is therefore applying for a loan of 43,150 Kenya shillings to buy her school textbooks. Linet believes this will help put the school at par with some of the public schools in the area.

Previous Loan Details

Linet is a resident of Kongowea, Kenya. She is a married mother of six children; five of whom are in school. Linet owns a nursery/preschool, which has been in operation for a year. She walked from house to house inviting students to join her school. Most of these students could not afford fees.... More from Linet'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
  • 949
    View loans »
    Kenya Loans Fundraising
  • $41,061,950
    Funds lent in using Kiva
  • 85.8
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Linet to purchase textbooks.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 20, 2013
Listed
Mar 28, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014
This photo was used before for a previous loan for Linet. It was first posted on Kiva on Jul, 2012. Learn More