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Jane

Update on Jane

Jane is now 44 years old, married and living with her children. Apart from her retail shop, Jane is also a tea farmer. She has been in in this business for three years and earns an income of KES16,000. She is now servicing her fourth loan of KES20,000 from KADET LTD and wishes to use the loan to purchase more fresh green tea leaves from local farmers for resale. The anticipated income from the business will be used to pay off her loan and pay her children's school fees. Her dream is to prosper in life.

Previous Loan Details

Jane is 43 years old, married and a mother of three children aged 22, 20 and 16 years old. She owns a shop in the Mobon trading centre in Kapsabet and has been in this business for a period of seven years, getting a monthly income of about $94. She has applied for a loan of 25,000 KES, this bein... More from Jane's previous loan »

Additional Information

About VisionFund Kenya

VisionFund 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.

About Kenya

  • $1,800
    Average annual income
  • 848
    View loans »
    Kenya Loans Fundraising
  • $42,925,925
    Funds lent in using Kiva
  • 86.1
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Jane to purchase fresh green tea leaves for resale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 25, 2013
Listed
Mar 4, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014