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Samuel King'ori

Update on Samuel King'ori

Samuel is 36 years old. He is married to Sarah, 33 years old, who is a farmer. Together they have four children aged 12, 10, six and one year old. He is a dairy farmer and has been in the business for the past eleven years. He gets a monthly income of KES 6,700 from his business.

This is his third loan with KADET LTD. He will use the loan amount to purchase a dairy cow and animal feed. From his previous loan he managed to purchase a dairy cow that has helped him increase milk production for sale. He also managed to purchase a piece of land from the sale of milk.

He hopes to purchase more land to practice dairy farming on a large scale.

Previous Loan Details

Samuel has practiced dairy farming in Ndunyu Njeru town for the last 10 years. He is 35 years old, married to Sarah Wambui and they have four children. He heard about KADET from one of our credit officers and this will be his second loan. He paid for his first loan of Kshs 20,000 well and in... More from Samuel King'ori's previous loan »

Additional Information

About VisionFund Kenya

VisionFund 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.

About Kenya

  • $1,800
    Average annual income
  • 936
    View loans »
    Kenya Loans Fundraising
  • $41,060,325
    Funds lent in using Kiva
  • 83.6
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Samuel King'ori to buy another dairy cow and animal feed.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 18, 2012
Listed
Feb 5, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 16, 2012
This photo was used before for a previous loan for Samuel King'ori. It was first posted on Kiva on Jan, 2011. Learn More