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

Update on Salame

The coconut, roofing materials, and clothes businesses, owned by Salama, have continued to provide her with an income. She is grateful to the lenders for the previous loan she received. She looks forward to setting up a cereals business.

She is applying for a loan of KES 21,500 (Kenya shillings) to buy cereals, like beans, and coconuts to sell.

Previous Loan Details

Salame is a married business lady who lives in Kilifi and is the mother of seven children, all of whom are in school. She sells roofing materials commonly referred to as "makuti." These items are preferred for roofing in the Kilifi area and at the coast in general since they insulate the heat com... More from Salame'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
  • 728
    View loans »
    Kenya Loans Fundraising
  • $42,190,575
    Funds lent in using Kiva
  • 83.9
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $275 helped Salame to purchase more cereals and coconuts.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 10, 2013
Listed
Apr 22, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014
This photo was used before for a previous loan for Salame. It was first posted on Kiva on Oct, 2012. Learn More