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Rehema

Update on Rehema

Rehema is grateful to Milango and its partners for the loans she has received. She was able to restock the business from the previous loan and realise a high/extra income from the business.

She is now applying for a new loan of 41,900 Kenya shillings (KES). She will use this loan to pay her child's school fee requirement and to buy additional retail stock, including kerosine, coconuts and other fruits. Rehema believes the business can meet the required repayments.

Previous Loan Details

Rehema is a resident of Malindi in Coast Province, Kenya. She is married and has five children. She owns a retail shop, which she has been operating for one year. She also sells coconuts. She learned about Milango through a friend and aims to access credit to improve the operation of her busin... More from Rehema'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
  • 582
    View loans »
    Kenya Loans Fundraising
  • $39,225,400
    Funds lent in using Kiva
  • 83.5
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $525 helped Rehema to pay her child's school fee and to buy additional retail stock, including kerosine, coconuts and other fruits.
100% repaid
Repayment Term
13 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 1, 2013
Listed
May 17, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014
This photo was used before for a previous loan for Rehema. It was first posted on Kiva on Sep, 2012. Learn More