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

Update on Lydia

Lydia used her previous loan to buy more stock of vegetables and charcoal for sale and the business is doing great.

This is her second loan cycle from KADET LTD, She will use the loan amount to purchase more stock of charcoal and assorted fruits and vegetables for resale so that she can meet the demands of her customers who are mostly residents of Nakuru town.

She hopes to grow her business and use the anticipated profit to build a permanent structure where she can operate her business.

Previous Loan Details

Lydia is 40 years old. She is widowed with three children. She sells charcoal and vegetables and has been in the business for the past one year. This is her first loan from KADET LTD. She was brought to KADET LTD by a staff member. She will use the loan amount to purchase more stock of charcoa... More from Lydia'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
  • $42,362,775
    Funds lent in using Kiva
  • 85.3
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Lydia to purchase more charcoal and vegetables for resale.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 5, 2012
Listed
Nov 5, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013