Update on Saigo EnoleSaigo's faming business is doing well, and she has since paid off her loan successfully. She has now acquired a bigger portion of land where she plans to plant different types of crops.
Saigo is hardworking and has acquired a third loan of 40,000 KES to purchase sheep and goats for fattening and resale. She hopes to use the increased proceeds to expand her farming business as well as educate her children.
Saigo's hopes and dreams are to see her family's living standards improve.
Previous Loan DetailsSaigo is 29 years old, married, and the mother of two children who are schooling. She has been in the agriculture industry for the last five years with a monthly income of about $63. She has been a good client who repaid her first loan without any impediment. This will be her second loan from... More from Saigo Enole'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