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Halima

Update on Halima

Halima is now 55 years old and their two children are still in college. Her catering business is still doing well and she is still getting enough income for the rental houses.

She is now in her third cycle and is planning to use this loan to buy more bales of wheat flour, cooking fat and maize flour and to carry out some repairs on one of her rental houses. She plans to use the anticipated profits to sustain her catering business.

She is hoping to start a hotel in the future.

Previous Loan Details

Halima is 54 years old and married to Mohammed. They have two children who are grown and in college. For the past 3 years she has been running a catering service. She also owns rental houses, which she runs as a secondary business. Her income is KES 20,000 per month. Halima was introduced to ... More from Halima'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
  • 716
    View loans »
    Kenya Loans Fundraising
  • $42,281,825
    Funds lent in using Kiva
  • 84.0
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Halima to buy bales of wheat flour, cooking fat and maize flour, and to repair one of her rental houses.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 7, 2012
Listed
Aug 27, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013