Update on JacklineJackline is 27 years old and married. She is the mother of one child who is six years old. She is still running her clothing business, which has been in operation for five years, earning a monthly income of KES 20,000.
She is servicing her fourth loan of KES 50,000 from KADET LTD after repaying the previous one successfully. She intends to purchase more clothing for resale.
The profits will be used to purchase a dairy cow. She hopes for a bright future and success in her business.
Previous Loan DetailsJackline is 27 years old, married and blessed with one child. Jackline sells clothes in Kapsabet town and has been in operation for a period of 4 years, earning a monthly income of 15,000 KES. She is requesting her third loan from KADET Ltd. of 40,000 KES. She plans to use the funds to… More from Jackline'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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