Update on BrigidBrigid is 30 years old and single and supports three children. She still runs her retail Agrovet (medicines and care products for animals) shop in Kapsabet. Now it is four years in operation, and her monthly income has increased to KES 25,000.
Brigid is servicing her second term loan of KES 30,000 from KADET LTD after repaying the previous one successfully. She intends to use this amount to purchase additional stock for her Agrovet business.
The profits she earns will be used to pay the loan and plough into the business. Brigid hopes for prosperity in her business.
Previous Loan DetailsBrigid is a single lady aged 29 years old and blessed with three children aged 12,10 and 8 years old. She owns an agro-vet retail shop in Kapsabet town and has been in operation for a period of three years, earning a monthly income of KES.12,000. She is servicing a first term loan of KES. 20,000… More from Brigid'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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