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Update on Scholastica

Scholastica has been in the farming business for the past 17 years with a good income, which she uses to support her family.

She is applying for her second loan cycle through KADET Ltd. after repaying the previous loan successfully. Scholastica will use the loan to buy seedlings, fertilizer, and animal feed.

With the anticipated profit from the business, she will educate her children. Her hopes and dreams are to sell the farm produce to the nearby markets.

Previous Loan Details

Scholastica is a 54-year-old business lady. She is a single mother of three children, one of whom is 14 years old and the other two of whom are adults. She has been in the mixed crop farming business for the past 17 years with a monthly income of KES 20,000, which she uses to support her family.… More from Scholastica'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
  • 441
    View loans »
    Kenya Loans Fundraising
  • $38,313,825
    Funds lent in using Kiva
  • 85.3
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Scholastica to buy seedlings, fertilizer, and animal feed for her farming business.
100% repaid
Repayment Term
12 months (Additional Information)
Repayment Schedule
Oct 24, 2012
Nov 11, 2012
Currency Exchange Loss:
Aug 17, 2013
This photo was used before for a previous loan for Scholastica. It was first posted on Kiva on Jun, 2012. Learn More