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Jeniffer

Update on Jeniffer

Jeniffer is grateful for the first loan she received from Milango. Her fish business has grown into a food stall. She started by mainly selling fish. Because of the first loan, she has obtained a high income that helped her repay the loan on time while also meeting other family needs. She previously had financial challenges which she has sorted out by joining Milango.
She is asking for a loan of 107,250 to buy dry fish for sale. She now looks forward to opening other outlets.

Previous Loan Details

Jeniffer is a widow with a fish sales business at the Kongowea market. She was introduced to Milango by her friends and is applying for a loan of 60,000 Kenya shillings in order to purchase fish to offer for sale. Jeniffer’s main challenge is the competition from other fishmongers. Her goal is... More from Jeniffer'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
  • 701
    View loans »
    Kenya Loans Fundraising
  • $42,247,450
    Funds lent in using Kiva
  • 83.9
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,300 helped Jeniffer to purchase dry fish for sale.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 3, 2013
Listed
Apr 21, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014
This photo was used before for a previous loan for Jeniffer. It was first posted on Kiva on Feb, 2012. Learn More