Update on AliceAlice is now 49 years old and married. She lives happily with her three children who are now between 15 and 25 years old. Alice diversified her business and now she is selling fruits and vegetables in Kapsabet. She has been in operation for a period of one year, and she earns an income of 10,000 KES every month.
She is now servicing her fourth loan of 40,000 KES from KADET LTD after she repaid the previous one successfully. She intends to buy more fruits and vegetables to sell.
The profits she earns will be used to pay back the loan and reinvest in her business. Her dream is to educate her children and prosper in her businesses.
Previous Loan DetailsAlice C. is a married lady of 48 who resides in Kapsabet town. She is blessed with three children between 24 and 14. Alice owns a shop in Cheplengu trading centre and has been in this business for eight years. Her monthly profit is Ksh. 3,000 and she normally saves this amount. Alice has… More from Alice'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.
332View loans »