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Esther

Update on Esther

Esther is a 40-year-old married woman. She has one son who is one year old. She describes herself as a respectful and accommodating woman.

Esther operates a general store where she sells home products such as flour, cooking fat, margarine, and cereals. She has been involved in this business for three years. Her business is located in a densely populated area.

She describes her biggest business challenges as the high price of home products and insufficient funds for improving her business. She will use the KES 40,000 loan to buy home products. Her business goal is to run a wholesale shop within five years. This is her second loan with SMEP DTM. Her previous loan was paid successfully.

Previous Loan Details

Esther is a 40-year-old married woman. She has one son who is 1 year old. She describes herself as a respectful and accommodating woman. Esther operates a general store where she sells homes products such as flour, cooking fat, margarine, cereals and fruits such as mangoes. She has been invol... More from Esther'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
  • 716
    View loans »
    Kenya Loans Fundraising
  • $42,281,825
    Funds lent in using Kiva
  • 83.7
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Esther to buy stock of sugar, rice, salt, and other foodstuffs to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 16, 2013
Listed
Apr 28, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014