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Sicily

Update on Sicily

Sicily is 30 years old, single and blessed with one child who is four years old. She sells polythene bags in the area of Babadogo. Engaged in this business for the last two years, she earns an income of KES 5,260 per month.



Sicily is applying for her second loan of KES. 20,000 from KADET LTD to buy more polythene bags to sell. She will use the anticipated profit to expand the business and support her child. She hopes to grow her enterprise and get established.

Previous Loan Details

Sicily is 30 years old, single and blessed with one child who is four years old. She sells polythene bags in the area of Babadogo. She has been in this business for the last two years and gets an income of KES 3,650 per month. Sicily is applying for her first loan of KES 10,000 from KADET LTD,... More from Sicily'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
  • 971
    View loans »
    Kenya Loans Fundraising
  • $40,998,900
    Funds lent in using Kiva
  • 84.7
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Sicily to buy polythene bags to sell.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 27, 2012
Listed
Sep 24, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013
This photo was used before for a previous loan for Sicily. It was first posted on Kiva on Feb, 2012. Learn More