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Rosemary Enole

Update on Rosemary Enole

Rosemary sells cereals and grocery items in her store. She has operated this business for the past 15 years in the Narok area and earns a good income. This will be her third loan from KADET Ltd.

With her loan funds in the amount of KES 100,000, she intends to purchase maize and beans to offer for sale in her store, as well as to expand her business.


She intends to use the profits gained to reinvest and grow the business. Her future plans is to become a large scale outlet

Previous Loan Details

Rosemary Enole I., 39 years old, is a married mother of five children. She is a businesswoman who deals with groceries which she has been doing for the last fifteen years. She was introduced to KADET LTD by a registered client. This is her first loan from KADET and she is planning to buy more c... More from Rosemary Enole'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
  • 725
    View loans »
    Kenya Loans Fundraising
  • $39,776,375
    Funds lent in using Kiva
  • 84.0
    Kenya Shillings (KES) = $1 USD
Expired
A loan of $1,200 helped Rosemary Enole to buy a stock of maize and beans to offer for sale in her store.
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 22, 2012
Listed
Jul 7, 2012
Currency Exchange Loss:
Possible
Expired:
Aug 6, 2012
This photo was used before for a previous loan for Rosemary Enole. It was first posted on Kiva on May, 2011. Learn More