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Hannah Waruguru

Update on Hannah Waruguru

Hannah used her previous loan well in that she bought rabbits and rabbit feeds and both business are doing so well. Hannah has another child and now she has four children who are all going to school.

She has been in the farming business for three years, with a monthly income of KES.12,000, which she uses to support her family. She is applying for her second loan from KADET LTD after repaying the previous loans successfully. Hannah will use the loan to buy a dairy cow.

With the anticipated profit from the business she will educate her children. Her hopes and dreams are to expand her dairy farming and improve her family living standard.

Previous Loan Details

Hannah Waruguru is 41 years old and is married to Peter K. who is a driver and so is a source of additional income for the family. They have three school-going children and they live in Mitero, Thika. Hannah practices dairy farming and has been in this business for two years, earning a monthly... More from Hannah Waruguru'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
  • 940
    View loans »
    Kenya Loans Fundraising
  • $41,750,050
    Funds lent in using Kiva
  • 85.0
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $900 helped Hannah Waruguru to buy a dairy cow.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 11, 2012
Listed
Oct 29, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2013