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Jane

Update on Jane

Jane repaid her last loan and from the proceeds joined a group of other farmers who are undertaking livestock farming. She has requested a second loan from KADET LTD to buy livestock to fatten and later sell. Jane will use the anticipated profits to provide for basic family needs and to educate her children.

Previous Loan Details

Jane is 38-years-old and married to Ampai. They are blessed with two children aged 16 and six years old. She has been in farming business for one year and has an income of KES 4,500. This is her first loan from KADET LTD, which she will use to purchase more farm inputs. She will use the profi... More from Jane'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
  • 1057
    View loans »
    Kenya Loans Fundraising
  • $40,896,100
    Funds lent in using Kiva
  • 87.6
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Jane to purchase livestock to fatten and later sell.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Jan 22, 2013
Listed
Jan 31, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013