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Tabitha

Update on Tabitha

Tabitha is 24 years old. She is from Nakuru and is married, with two children who are both in school.

Tabitha has had a clothing business for the past two years. She has applied for her second loan from KADET LTD to enable her to buy clothes to add to her stock. Tabitha is optimistic that her clothing business will do well after the loan.

She hopes to open a boutique in the near future and to be able to meet all her family needs.

Previous Loan Details

Tabitha is 23 years old. She is married to Geoffrey and together they have two children. She sells clothes and has been in this business for the past two years. This is her first loan from KADET LTD. Tabitha was brought to KADET LTD by a staff member. She will use the loan amount to purchase s... More from Tabitha'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
  • 1042
    View loans »
    Kenya Loans Fundraising
  • $40,893,425
    Funds lent in using Kiva
  • 84.7
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Tabitha to purchase stock of new clothes to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 7, 2012
Listed
Sep 28, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2013