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Update on Joel

Joel is 63 years old and married to Dinah, who also helps provide for the upkeep of the family through subsistence farming. He supports a family of 10 people. He and his wife are blessed with nine children between 11 and 33 years old. For the past six years, Joel has run a business of buying and selling green tea leaves. He earns a monthly income of KES 25,000.

Joel is now requesting a loan of KES 40,000 from KADET LTD. He wishes to use this amount to purchase green tea leaves for resale. The profits he earns will be used to repay the loan and purchase more green tea leaves.

His dream is to own tea plantations someday.

Previous Loan Details

Joel is 62 years old and married to Dinah who also helps in the upkeep of the family through subsistence farming. He supports a family of ten people; they were blessed with nine children aged between 10 and 32 years. Joel runs a business buying and selling green tea leaves and has been in operat... More from Joel'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
  • 883
    View loans »
    Kenya Loans Fundraising
  • $43,068,825
    Funds lent in using Kiva
  • 85.3
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Joel to purchase green tea leaves for resale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Mar 12, 2013
Mar 15, 2013
Currency Exchange Loss:
Apr 16, 2014