Update on Susan EnoleSusan has cleared her previous loan and is now preparing her land for the next planting season. She has applied for an agriculture loan for her forth loan. She will use the funds to pay for ploughing the land and purchasing fertilizers and wheat seedlings. She now plans to cultivate a bigger portion of her land and, with increased gain, diversify into livestock trading. Susan is a hardworking woman who is determined to succeed in life.
Previous Loan DetailsSusan Enole O. is 40 years old. She is married and is a mother of nine children. Susan is a farmer and has been farming her own piece of land for the last three years. Susan learned about KADET LTD from other women in her area of residence who are already registered with KADET. This will be her… More from Susan Enole'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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Success!! The loan was 100% repaid