Update on NadutariNadutari has successfully paid off her second loan and her farming business is gradually but steadily growing. She is now farming on a bigger piece of her land and raises animals. She has applied for a third loan of KES 20,000 from KADET LTD, which she will use to buy a dairy cow.
She is determined to grow the business to higher levels as well as improve the family's living standards.
Previous Loan DetailsNadutari is a married lady and a mother of three children who depend on her. She has been a farmer in Mau-Narok, Kenya for a period of six years. She knew about KADET LTD through other women registered in her area of residence. She paid the previous loan successfully without complication. This... More from Nadutari'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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