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

Update on Salina

Salina has been selling vegetables and fruits for the past five years and earns a monthly income of KES 20,000. She has requested a second loan of KES 59,500 to purchase more fruits and vegetables to sell.

The anticipated profit from the business will help her build rental houses for additional income. Her dream is to be successful in life and educate her children.

Previous Loan Details

Salina is 49 years old, married and a mother of two children aged 19 and 13 years, respectively. She sells vegetables, a business she started five years ago and earns a monthly income of KES 12,000. She has requested a loan of KES 30,000 to purchase kale and cabbage to sell. The anticipated pr... More from Salina'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
  • 1174
    View loans »
    Kenya Loans Fundraising
  • $40,482,525
    Funds lent in using Kiva
  • 84.9
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Salina to purchase fruits and vegetables to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 24, 2012
Listed
Oct 13, 2012
Currency Exchange Loss:
Possible
Ended:
Oct 17, 2013
This photo was used before for a previous loan for Salina. It was first posted on Kiva on Feb, 2012. Learn More