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Sarah

Update on Sarah

Sarah is happy about being a client of Milango. The transportation business has improved and she was also able to set up a boutique and a food stall. Her challenges now are a small business space and food spoilage. She is therefore applying for a loan of 62,650 KES to purchase a deep freezer for food storage. She looks forward to a more fruitful season ahead.

Previous Loan Details

Sarah is married and has four children. She lives in Changamwe. She owns a café, which has been running for nine months. Sarah also sells clothes to the residents of her neighborhood. She began both businesses from her savings. Sarah wants to diversify her sources of income and has decided to... More from Sarah'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
  • 1195
    View loans »
    Kenya Loans Fundraising
  • $40,516,775
    Funds lent in using Kiva
  • 83.9
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $750 helped Sarah to purchase a deep freezer for food storage.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 24, 2013
Listed
May 24, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2014
This photo was used before for a previous loan for Sarah. It was first posted on Kiva on Mar, 2012. Learn More