Update on ChebetHellen is now 40 years old and happily living with her family of four children. Apart from her cereals business, she practices horticulture on her farm. She has been in operation for a period of three years and her income is KES 80,000.
She is now servicing her third loan of KES 73,000 from KADET LTD and wishes to pay school fees for her children, who are in various secondary schools. The profits she earns from her farm produce will be used to purchase varieties of cereals for resale.
Her dream is to prosper in her businesses and educate her children for a bright future.
Previous Loan DetailsChebet is a married lady aged 39 years old having four children aged 16,14,12 and nine years old. His spouse is Philip a business man. Chebet sells cereals and has been in operation for a period of six years earning a monthly income of KES. 15,600. She is servicing a first loan of KES.100,000… More from Chebet'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