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Update on Irene

Irene is married to Paul and blessed with two children, ages 15 and 10 years, respectively. Irene runs a retail shop, a business she started 4 years ago. She earns a monthly income of 25,000 KES.

Irene has requested a second loan of 50,000 KES to purchase 10 bales of baking flour, cooking oil, five sacks of sugar and two sacks of rice.

The profit earned from the business will help her save and buy a matatu (a mini-bus for public transportation). Her dream is to see this business grow into a supermarket.

Previous Loan Details

35-year-old Irene and her husband Paul are blessed with two children ages 14 and 10 years. She has a retail store, a business she started three years ago, and she earns a monthly income of 20,000 Kenya shillings (KES). She has requested a loan of 30,000 KES to purchase 5 bales of baking flour... More from Irene'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
  • 590
    View loans »
    Kenya Loans Fundraising
  • $44,761,675
    Funds lent in using Kiva
  • 85.6
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Irene to purchase 10 bales of baking flour, cooking oil, five sacks of sugar and two sacks of rice.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Oct 18, 2012
Nov 8, 2012
Currency Exchange Loss:
Nov 17, 2013
This photo was used before for a previous loan for Irene. It was first posted on Kiva on Apr, 2012. Learn More