Check out some available loans that are similar to this one!
Stanley

Update on Stanley

Stanley has been a mixed crop farmer for the past five years with the monthly income of 10,000 Kenyan shillings (KES), which he uses to support his family. He is applying for his second loan from KADET LTD. after repaying the previous loan successfully.

Stanley will use the loan to buy a dairy cow. With the anticipated profit from the business, he will expand on the farming. His hopes and dreams are to expand on the farming business and improve the living standards of the family.

Previous Loan Details

Stanley is a 57-year-old mixed crop farmer. He is married to Jane who is also a farmer. They are blessed with two children aged 20 and 17 years respectively. He has been in the farming business for the past ten years with a monthly income of KES 10,000 which he uses to support his family. He is… More from Stanley'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
  • 402
    View loans »
    Kenya Loans Fundraising
  • $38,151,650
    Funds lent in using Kiva
  • 84.1
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Stanley to buy a dairy cow.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Irregularly
Pre-Disbursed:
Aug 21, 2012
Listed
Sep 23, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013
This photo was used before for a previous loan for Stanley. It was first posted on Kiva on Nov, 2011. Learn More