Check out some available loans that are similar to this one!
Chebet

Update on Chebet

Hellen 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 Details

Chebet 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.100,00... More from Chebet'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
  • 617
    View loans »
    Kenya Loans Fundraising
  • $40,262,550
    Funds lent in using Kiva
  • 85.7
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $875 helped Chebet to pay school fees for her children and also buy farm inputs.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 18, 2013
Listed
Mar 21, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014