Update on EvalineEvaline has already paid her first loan. She is willing to take another loan from KADET LTD to expand her business, she still practices mixed farming and she succeeded with the first loan. She used the first loan to buy tomato and green pepper seeds for the greenhouse farming.
She has applied for her second loan from KADET LTD and will use the loan to purchase a dairy cow and also buy farm inputs to use in the Greenhouse to generate more income.
Evaline’s business has grown and their life has changed, living happily with their family members.
Previous Loan DetailsEvaline has been running a greenhouse, planting different kinds of fruits for the past six years and earning a monthly income of KES 15,000. She is 44 years old and married with four children who are still schooling. She was introduced to KADET LTD by the KADET staff. She applied for her first ... More from Evaline'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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