Update on Rebecca NdukuRebecca is 65 years old, married to Benjamin, and they have four children who are all working class. She has been in dairy farming for the last 14 years, making a monthly profit of KES.30,000.
She was introduced to KADET LTD by a credit officer, and she is applying for her second loan from KADET LTD, which she plans to use to buy Unga (Kenyan brand name) feeds, hay, and milking cans.
She will use the anticipated profits to meet her basic needs and save. She hopes to have a better future in her old age and be self-sufficient financially.
Previous Loan DetailsRebecca Nduku M. , a hardworking lady who practices dairy farming in Kangundo town, has been in this business for 14 years and earns a monthly profit of KES.25,000. She is 64 years old, married to Benjamin, and they are blessed with four children.
Rebecca, who has never borrowed from any… More from Rebecca Nduku's previous loan »
About VisionFund KenyaVisionFund Kenya is dedicated to economically empowering its clients by providing financial services to improve living conditions of micro-entrepreneurs and their children across Kenya. VisionFund Kenya is the microfinance subsidiary of World Vision Kenya. Obtain more information on VisionFund Kenya from its website.
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.
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