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Update on Matayian

Matatian has applied for his second loan from KADET LTD,after servicing his previous loan successfully .
[repaid it back].

He will use the loan amount
[to buy spare parts and repair his motorbike for better service to his customers.He uses the motorbike for transport.

The anticipated profits will be used to pay school fees for his children.

His hopes and dreams are to provide for his family and own a successful business.

Previous Loan Details

Matayian is 33 years old and married to Toiyanet. He has been running a motorcycle transport business for a period of about eight years, with a monthly income of approximately 4,000 Kenyan shillings. This is his first loan from KADET LTD after having been introduced to the lending agency by a... More from Matayian'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
  • 708
    View loans »
    Kenya Loans Fundraising
  • $44,827,200
    Funds lent in using Kiva
  • 83.9
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Matayian to buy spare parts and repair his motorbike.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jun 20, 2012
Aug 15, 2012
Currency Exchange Loss:
Jul 17, 2013
This photo was used before for a previous loan for Matayian. It was first posted on Kiva on Dec, 2011. Learn More