Update on PaulinePauline is 44 years old and a single mother of two children. She has rental houses, which she has had for 11 years. Besides this, she also sells porridge in the Dallas Kangemi area.
Pauline plans to use the entire loan to repair the rental houses she owns. With the returns from her business, she wants to expand the business and pay school fees for her children.
In future she wants to build more rental houses.
Previous Loan DetailsPauline is 44 years old and a mother of two children, aged 28 years and 13 years old. She has rental houses as her primary business, which she has been doing for 11 years. Besides this, she also sells porridge in the Dallas Kangemi area. Pauline plans to buy iron sheets for 25,000 Kenyan shil... More from Pauline's previous loan »
About VisionFund KenyaVisionFund 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.
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