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Esther

Update on Esther

Esther is applying for her second loan term from KADET LTD after repaying the previous loan successfully. Esther will use the loan to buy seedlings, fertilizer, and animal feed.

With the anticipated profits from the business, she will educate her children. Her hope and dream is to expand the farming business by buying another farm.

Previous Loan Details

Esther is 56 years old and dairy farmer. She is a widowed with four children. She has been a dairy farmer for the past 12 years with the monthly income of KES 10,000 which she uses to support her family. She is applying for her first loan from KADET LTD, after being introduced by a KADET staf... More from Esther'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
  • 624
    View loans »
    Kenya Loans Fundraising
  • $39,248,425
    Funds lent in using Kiva
  • 85.1
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Esther to buy seedlings, fertilizer, and animal feed.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 17, 2012
Listed
Oct 14, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013
This photo was used before for a previous loan for Esther. It was first posted on Kiva on May, 2012. Learn More