Update on EuniaEunia serviced her previous loan well, and her business is doing great with good income. She is taking her second loan with KADET LTD which she will use to increase the stock by purchasing more rope, basins, cups, plates and any other goods that might be moving.
She will use the anticipated profit to move to a better stall in Kakamega town.
She has a dream of becoming a successful business lady, so that she can provide for her family’s basic needs.
Previous Loan DetailsEunia O. is 38 years old. She is from Kakamega. She is married to Daniel and they have three children, aged 6, 10, and 8. Eunia has a business selling ropes. She normally sells them to livestock farmers. Eunia is applying for her first loan from KADET LTD to enable her to buy more ropes so ... More from Eunia'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