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Purity

Update on Purity

Purity is 39 years old, married to James, and blessed with four children aged 17, 16, 12 and 10 years.

She operates a retail shop, a business she started 12 years ago and earns a monthly income of KES 30,000. She has requested a second loan of KES 100,000 to purchase 10 crates of sodas, juices, Weetabix, cooking oil, bars of soap and washing detergent for resale.

The profit she makes will aid her in purchasing additional stock. She dreams of owning a chain of businesses such as a supermarket with M-pesa (money transfer) shop in the future.

Previous Loan Details

Purity is 39 years old, married to James, and blessed with four children aged 17, 16, 12 and 10 years. She operates a retail shop where she sells a variety of foodstuffs and drinks. She has been in this business for the past 12 years and earns a monthly income of KES 30,000. She has requested... More from Purity'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
  • 618
    View loans »
    Kenya Loans Fundraising
  • $39,851,750
    Funds lent in using Kiva
  • 84.3
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Purity to purchase 30 crates of sodas, Weetabix, bars of soap and washing detergent.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 13, 2012
Listed
Sep 7, 2012
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2013
This photo was used before for a previous loan for Purity. It was first posted on Kiva on Jul, 2012. Learn More