Update on ElizabethElizabeth is a single woman, aged 61 years now. She is still in poultry keeping in Kiambu, and she has been doing this for the past three years. She earns a monthly income of KES 28,000 from the sale of poultry.
This will be Elizabeth’s second loan from KADET LTD. She plans to use the entire loan to buy chicks to rear, and chicken feed. She wants to be a more successful business woman in the future.
Previous Loan DetailsElizabeth is 60 years old and single. She keeps poultry and has been in this business for two years, earning a monthly income of 20,000 shillings. This will be her first loan from KADET LTD and she plans to purchase more stock of chicks to rear and chicken feed. She plans to plow the anticipat... More from Elizabeth'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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