Update on GeofreyGeoffrey is 30 years old and single. Geoffrey has a cattle selling business and a secondary business of fruit vending.
He has applied for his fifth loan from KADET LTD to enable him to buy more fruits to add to his stock. He paid his previous loan well.
He hopes to become a renowned livestock dealer in the near future and also to see his fruit business expand.
Previous Loan DetailsGeoffrey is 29 years old and single. He sells bulls and has been in the business for the past ten years. He gets a monthly income of KES 15,000. This is his fourth loan from KADET LTD. He will use the loan amount to purchase small bull and two goats to rear and then sell later. He hopes to... More from Geofrey'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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