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Update on Ken

Ken expanded his business, and now he has three employees.

Ken wishes to enter into the transport business. He is seeking a loan of 52,300 Kenya shillings to purchase a motorbike. He wants to diversify his income and own a car-hire service as part of his business. Ken heard of Milango through friends, and he immediately joined.

This loan will enable him to realize his dream and have a better life in the future.

Previous Loan Details

Ken is a resident of Mombasa, Kenya. He is a married businessman who owns a butchery, a trade that he has run for about a year. He learned of Milango from a friend and joined in order to access funds. He is applying for a loan in the amount of 21,100 Kenyan shillings in order to add stock to t... More from Ken'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
  • 516
    View loans »
    Kenya Loans Fundraising
  • $50,344,275
    Funds lent in using Kiva
  • 85.2
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Ken to buy a motorbike.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
May 22, 2013
Jun 4, 2013
Currency Exchange Loss:
May 17, 2014
This photo was used before for a previous loan for Ken. It was first posted on Kiva on Dec, 2012. Learn More