Update on DaisyDaisy is 23 years old and married with three children. Her previous business has grown and this prompted her to start a new business of selling new clothes. It is now six months old and generates a monthly income of 10,000 KES.
Daisy is servicing her third loan, this time of 40,000 KES, from KADET Ltd and intends to use this amount to purchase new clothing for sale.
The profits she gets will be put back into her business and also for her family's upkeep. Her hope in life is to see her business expand.
Previous Loan DetailsDaisy is 22 years old and married to Japhet, a business man. They are blessed with three children who are five, three, and 10 months old. Daisy runs a shop in Languse trading centre in Kapsabet. She has been involved in this business for three years and earns KES 3,000 monthly. Daisy applied… More from Daisy'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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