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Shakilah Peninah

Update on Shakilah Peninah

Shakila Peninah used the previous loan to buy stock of second-hand clothes to sell and, with the proceeds, she has managed to change her lifestyle and that of her dependents. Shakilah Peninah still faces hardships of seasonal customers of the product she deals in plus price fluctuations. She maintains her vision of building rentals and transforming her business into a renowned boutique of second-hand clothes around town that can enable her to make more profits. Shakilah Peninah has asked for a loan to buy more stock of second-hand clothes to sell.

Previous Loan Details

Shakila is a 23-year-old married woman with 2 children. She lives in Fort Portal, Uganda. Her main business is selling second hand clothes. She started this business with a vision of earning a living and looking after her family. Shakila is facing challenges of weather changes and price fluctuati... More from Shakilah Peninah's previous loan »

Additional Information

Important Information

This loan provides farmers and low-income entrepreneurs from underserved rural areas with access to financial services. By supporting this loan, you allow more farmers and rural entrepreneurs to access capital.

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 Uganda

  • $1,800
    Average annual income
  • 128
    View loans »
    Uganda Loans Fundraising
  • $33,852,025
    Funds lent in using Kiva
  • 2,574.0
    Uganda Shillings (UGX) = $1 USD

Success!! The loan was 100% repaid

A loan of $975 helped Shakilah Peninah to buy more stock of second-hand clothes to sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Jun 13, 2014
Jun 22, 2014
Currency Exchange Loss:
Nov 20, 2014
This photo was used before for a previous loan for Shakilah Peninah. It was first posted on Kiva on Dec, 2013. Learn More