Update on JecintaJecinta is 61 years old and is married, with four children who are all in school.
Jecinta used the previous loans well and was able to buy a dairy cow that helped increase her milk production. She has applied for her fourth loan from Kenya Agency for Development of Enterprise and Technology (KADET) to enable her to buy a donkey cart to transport water.
She hopes to expand her business in the near future and improve her family's standard of living.
Previous Loan DetailsJecinta is 60 years old. She is married to John and they have four children. She is a dairy farmer and has been in the business for the past five years. This is her third loan in KADET LTD. Jecinta paid her previous loan well and in good time. She will use the loan amount to purchase a dairy… More from Jecinta'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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