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Update on Simon

Simon has received great progress from the loan he received. He purchased new automobile accessories from the first loan. He also managed to repay his loan in full on time. He is now asking for a loan of 52,250 Kenyan shillings to purchase more spare parts and car accessories. He believes that his business has a great future and this will help him provide for the needs of his children.

Previous Loan Details

Simon lives in Changamwe, Kenya. He is married and has 3 school-going children. Simon owns a vehicle garage which has been in operation for the last 14 years. It is from this business that he has managed to provide an education to his children. Owing to increased daily demands, Simon joined M... More from Simon'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
  • 408
    View loans »
    Kenya Loans Fundraising
  • $50,231,725
    Funds lent in using Kiva
  • 84.4
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Simon to purchase automobile parts and car accessories.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Aug 29, 2012
Sep 12, 2012
Currency Exchange Loss:
Sep 17, 2013
This photo was used before for a previous loan for Simon. It was first posted on Kiva on Dec, 2011. Learn More