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Tufaa

Update on Tufaa

Tufaa lives in Mariakani, Kenya. She is married and blessed with five children. She operates a retail shop in her town. She has been in this business for the last four years. She learned about Milango through friends.

She now seeks a loan of 107,250 Kenya shillings to buy five sacks of sugar, 20 boxes of soap powder, and 10 sacks of rice and upgrade her business to a wholesale. The major challenges are the high cost of fuel and transportation. Price fluctuation and inflation are also a challenge in operating this kind of business. She will increase the saving she has with the extra income raised from the loan.

Previous Loan Details

Tufaa is a resident of Mariakani area of Coast province in Kenya. She is married and has five children. Tufaa owns a retail shop, a business that she has been running for three years. She began the business from a loan she obtained from a friend. In this shop, she sells products like sugar, flour... More from Tufaa'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
  • 940
    View loans »
    Kenya Loans Fundraising
  • $41,080,625
    Funds lent in using Kiva
  • 85.1
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,275 helped Tufaa to buy five sacks of sugar, 20 boxes of soap powder, 10 sacks of rice and upgrade her business to wholesale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 29, 2013
Listed
Jun 15, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2014
This photo was used before for a previous loan for Tufaa. It was first posted on Kiva on Dec, 2012. Learn More