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Update on Fatuma

Fatuma is a wholesaler who sells fruits at Eldoret main market. She ventured into this business 20 years ago and earns a monthly income of KES 20,000. Fatuma wants to purchase more fruits and has requested a second loan of KES 60,000. The profit she makes will aid her to expand her business. Fatuma dreams of owning a large electronic shop in town.

Previous Loan Details

Fatuma is 48 years old, married to Said, and blessed with five children aged 18, 17, 12, 9, and 3 years respectively. She is a wholesaler who sells fruits at Eldoret main market. She ventured into this business 20 years ago and earns a monthly income of KES 15,000. She wants to purchase m... More from Fatuma'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
  • 788
    View loans »
    Kenya Loans Fundraising
  • $43,847,350
    Funds lent in using Kiva
  • 85.4
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Fatuma to purchase more fruits to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Oct 25, 2012
Nov 14, 2012
Currency Exchange Loss:
Nov 17, 2013
This photo was used before for a previous loan for Fatuma. It was first posted on Kiva on Jul, 2012. Learn More