Update on NesiamonNesiamon is a farmer of wheat and barley. She is a hard-working woman whose farming business has been doing well. She paid off her previous loan in good time and reports that she had a very good harvest.
Nesiamon is now preparing her land for the upcoming planting season. She intends to continue to plant wheat and barley. She is requesting a loan in the amount of KES. 60,000 from KADET Ltd, which will facilitate the purchase of seedlings and fertilizers as well as allowing her to pay the labor costs.
She plans to use her increased proceeds to expand the business and grow it into a large-scale venture.
Previous Loan DetailsNesiamon S. O. is 31 years old. She is married and the mother of two school-going children. She is a mixed farmer who works her own piece of land. She has been in this business for the last seven years and earns a monthly income of 15,000 KES. Nesiamon learned about Kiva partner, KADET, through... More from Nesiamon'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