Update on Leah WanjiruLeah used her third loan amount to buy seeds and fertilizer to plant a crop. Her harvest was very profitable.
She repaid the loan and in good time.
This will be her fourth loan. Leah plans to buy a motorcycle to start a transport business. She'll also use the motorcycle to transport her produce to the market.
In the future, Leah hopes to become one of the leading traders and farmers in the Ndunyu Njeru area.
Previous Loan DetailsLeah has practised farming in Ndunyu Njeru town for the last 10 years. She is 42 years old, married to Henry Waweru, and they have five children. She was introduced to KADET LTD by one of our field officers and this will be her third loan. She repaid all her previous loans well and in good ... More from Leah Wanjiru'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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