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Tupes

Update on Tupes

Tupes is now 35 years old and a father of two children aged between three and thirteen now. Tupes is a livestock trader whereby he purchases animals to fatten and later resell at a profit.

This will be his second loan after paying back the previous loans successfully. He plans to buy more and quality grade cows to rear and sell later at a profit.

Tupes hopes to use the profit from the proceeds of this loan to expand the livestock farming project from small-scale to commercial farming. His dream is do large-scale farming and have his own farm machinery. He is a painstaking man who is determined to achieve his set goals.

Previous Loan Details

Tupes is 34 years old and married to Jane, and they are blessed with two children, age twelve and two years. He has been in business of selling goats and sheep for one year and earns KES. 14,000 monthly. This is Tupes' first loan from KADET LTD, and he will use it to purchase more goats and she... More from Tupes'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
  • 961
    View loans »
    Kenya Loans Fundraising
  • $41,127,600
    Funds lent in using Kiva
  • 87.6
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Tupes to purchase more goats and sheep to fatten and sell later.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jan 22, 2013
Listed
Feb 11, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013