Update on GeofreyGeofrey is a married man, age 35 with 7 children, 5 of whom are attending various schools. He is a businessman who deals in farm supplies, with a shop at Gunda Trading Centre. He says he works 7 days a week. He raises cattle and this brings him some side income.
He started this business in the year 2009 and he says it has been prosperous. He says that the reason he started this business is to take care of his family, and he has acquired this loan to buy more items/stock for the business so as to expand it. He says that his main clients are from the community in which he stays and neighbours.
Geofrey faces the challenges of bad debtors and the lack of enough funds to expand his business. He describes himself as a hardworking man.
Previous Loan DetailsGeofrey is a new client from Kakuuto. He deals in cattle trading. He wants to buy more cows for trade. He wants a loan of One million Five hundred thousand shillings, over a period of ten months to boost his business. Geofrey is married and has 6 children, 5 of whom are in school. The profit f... More from Geofrey's previous loan »
Concurrent and Successive Loans
379View loans »
- Repayment Term
- 14 months (Additional Information)
- Repayment Schedule
- Apr 28, 2013
- May 30, 2013
- Currency Exchange Loss:
- Jun 29, 2013
Photo from previous loan
Kiva allows our Field Partners to re-use the same photo for individual borrowers that have been posted on Kiva's website once before in a 24 month period, and we allow them to re-use group photos for up to 24 months, provided that 80% of the current group's membership is represented.
Taking, collecting, and uploading photos of borrowers is one of the most challenging elements of using Kiva for our Field Partners. In order to make Kiva easier for Field Partners to use, we have allowed them to post successive and concurrent loans without taking a new photo of the borrower if the criteria above are met.