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Hottensiah

Update on Hottensiah

Hottensiah is a 28 year-old married woman. She has two children. She describes herself as an enterprising person. She operates a retail stall where she sells sandals. She has been involved in this business for six years. Her business is located in an area with potential, and her primary customers are ladies.

She describes her biggest business challenge to be high cost of sandals. She will use the Kes 40,000 loan to add stock of sandals. Her business goal is to expand her business within five years. She hopes that in the future, she will be able to sustain her family. This is her second loan with SMEP DTM.

Previous Loan Details

Hottensiah is a 27-year-old married woman. She has two children, ages 5 years and 13 years. She operates a retail stall where she sells sandals. Her business is located in an open market and her primary customers are residents from the environs. She describes her biggest challenge as inadequ... More from Hottensiah'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
  • 1154
    View loans »
    Kenya Loans Fundraising
  • $40,419,350
    Funds lent in using Kiva
  • 86.6
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Hottensiah add stock of sandals.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 9, 2013
Listed
Dec 21, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2014
This photo was used before for a previous loan for Hottensiah. It was first posted on Kiva on Sep, 2013. Learn More