Check out some available loans that are similar to this one!
John

Update on John

John,now 48 years of age, does quarrying business. He used his previous loan amount to buy a heifer cow to start dairy farming. It has been profitable and has enabled him to provide for the needs of his family, and he was able to pay all the loan amount.

This being his second loan, he plans to use the loan amount to buy another dairy cow and add to his dairy livestock. Due to the growing demand of milk in the town of Ndunyu Njeru, he anticipates he will generate more income with which he will provide basic needs for the family.

John hopes to grow his dairy farming business by supplying milk to various areas of Ndunyu Njeru.

Previous Loan Details

John is 47 years old. He is married with six children who are all grown-ups. Besides operating a quarry site, he is also a farmer. This is his first loan from KADET. He was introduced to KADET by one of our clients. He will use the loan amount to purchase a heifer to start up dairy farming. He ... More from John's previous loan »

Additional Information

About VisionFund Kenya

VisionFund 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.

About Kenya

  • $1,800
    Average annual income
  • 868
    View loans »
    Kenya Loans Fundraising
  • $42,938,250
    Funds lent in using Kiva
  • 87.3
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped John to purchase a dairy cow.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 18, 2013
Listed
Jan 30, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2014