Update on EzekielEzekiel is now 41 years old and happily living with his wife and 5 children. His children are 15, 12, 9, 7 and 4 years old. Ezekiel still runs his posho (cornmeal) mill business and his income has risen to KES 25,000 monthly.
He is now requesting his fifth loan of KES 100,000 from KADET LTD. He has paid back the previous ones and intends to use this amount to purchase more maize for the business.
The profits he earns will be used to pay school fees for his children .He hopes to be financially stable.
Previous Loan DetailsEzekiel is 40 years old and married to Emily T., a business lady. They have five school-going children aged 14,11, eight, six, and three years old. Ezekiel owns a "posho" (cornmeal) mill in Tulon trading centre in Kapsabet town. It has been in operation for a period of six years with a monthly in... More from Ezekiel'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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Success!! The loan was 100% repaid