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Susan

Update on Susan

Susan is a 38-year-old lady, married to Peter and mother of three children.

She does farming in Kimende in the outskirts of Limuru town, and she has been in this business for six years now. Susan gets a monthly income of KES 30,000.

This will be Susan's third loan with KADET LTD. She plans to use the loan to buy a dairy cow and start dairy farming. In future she wants to be a successful farmer in Limuru.

Previous Loan Details

Susan is 37 years old and married. They have two school-going children. Susan has been practicing farming for the last five years in Kimende. She was introduced to KADET by a KADET client. She paid the other loan well and in good time. She intends to use the loan amount to open a selling prem... More from Susan'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
  • 617
    View loans »
    Kenya Loans Fundraising
  • $40,262,550
    Funds lent in using Kiva
  • 84.2
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Susan to purchase a dairy cow.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 6, 2012
Listed
Sep 20, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2013