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Update on Caren

Caren is 51 years old now and married to Musa, who contributes to the family income. She has been in the rental business and the business is doing well. She gets a monthly income of about 50,000 KES.

She wants to use this loan to paint her houses to improve their look and hopes to continue building more rental houses.

Previous Loan Details

Caren is fifty years old, married to Musa, and they are blessed with five children. Caren runs rental houses in the area of Sunton. She has been in this business for the last twenty-two years and gets an income of KES 22,700 per month. She has got good credit history with KADET Ltd. and she is... More from Caren'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
  • 789
    View loans »
    Kenya Loans Fundraising
  • $43,847,350
    Funds lent in using Kiva
  • 85.4
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,075 helped Caren to paint her houses to improve their look.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Feb 11, 2013
Mar 13, 2013
Currency Exchange Loss:
Mar 17, 2014
This photo was used before for a previous loan for Caren. It was first posted on Kiva on Feb, 2012. Learn More