Update on IsabellaIsabella has a farming business whhere she grows cash crops and keeps poultry. Since joining KADET, her monthly income has greatly multiplied. She now earns a monthly income of KES 20,000.
She is applying for her sixth loan of KES 30,000 with KADET LTD after repaying the previous loans successfully.
She is applying for an education loan to pay her children's school fees. Part of the loan will be used to buy chicken feed for her poultry. Her hopes and dreams are to give her children the best education and to secure their future.
Previous Loan DetailsFor ten years, Isabella has been in the farming business, including cash crops and poultry keeping, supporting her family on a monthly income of 15,000 Kenyan Shillings (KES). She is applying for her fifth loan of KES. 100,000 with KADET LTD after repaying the previous loans successfully. Isabella… More from Isabella'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