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Pelesia

Update on Pelesia

Pelesia, 58 years old, is married to Isaiah and they have one child. She sells sacks and empty bags to traders and farmers in the market place in Nakuru.

Pelesia plans to use this loan to buy more sack bags to be able to meet her clients' demands since she has many supply orders from her various customers.

She hopes to purchase land where she can build her family a home.

Previous Loan Details

Pelesia, 58 years old, is married to Isaiah and they have one child. She sells sacks and empty bags to traders and farmers in the market place in Nakuru. Pelesia plans to use this loan to buy more sack bags to be able to meet her clients’ demands since she has many supply orders from her various ... More from Pelesia'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
  • 806
    View loans »
    Kenya Loans Fundraising
  • $40,311,575
    Funds lent in using Kiva
  • 85.2
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Pelesia to buy sack bags for sale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 24, 2012
Listed
Oct 9, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2013