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Ibrahim

Update on Ibrahim

Ibrahim operates an agro-vet store in Olkalou, where he sells veterinary products as well as farm supplies such as fertilizer, farm chemicals, and seeds. He is 46 years old and married to Nancy. They have five children.

This will be his second loan. He paid his previous loan well and in good time. He will use the loan amount to purchase a motorcycle to assist him in transporting the commodities from his agro-vet store to the farmers.

He hopes to have a fully stocked agro-vet shop.

Previous Loan Details

Ibrahim operates an agro-vet store in Olkalou, where he sells veterinary products as well as farm supplies, such as fertilizer, farm chemicals, and seeds. He is 46 years old and married to Nancy. They have five children. This will be his first loan, and he plans to use the loan to buy more vet... More from Ibrahim'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
  • 709
    View loans »
    Kenya Loans Fundraising
  • $42,190,575
    Funds lent in using Kiva
  • 85.2
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,075 helped Ibrahim to purchase a motorcycle to assist him in transporting the commodities from his agro-vet store to the farmers.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 24, 2012
Listed
Oct 9, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2013
This photo was used before for a previous loan for Ibrahim. It was first posted on Kiva on Jun, 2012. Learn More