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Lewnida

Update on Lewnida

Lewnida is a 43-year-old mother from Kachok location in Kisumu City. She supports three people in her family. She is a widow who has three children in school and their ages are 22, 18 and 16 years old.

She operates a tree nursery, a business she has been doing for the last 10 years and makes a monthly income of KES 30,000. She is taking her fourth loan with KADET Ltd., which she will use to buy a water pump and other seedlings. She will use the anticipated profit to expand her business and pay school fees.

She has a dream of improving her business so as to become stable and help her provide for her children's needs.

Previous Loan Details

Lewnida is a 42-year-old widowed lady from Kisumu City. She takes care of six single-handedly. Lewnida operates a tree seedling business and has been doing this for the last nine years, making a monthly income of KES 30,000. She is taking her third loan from KADET LTD, which she will use to b... More from Lewnida'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
  • 628
    View loans »
    Kenya Loans Fundraising
  • $39,836,925
    Funds lent in using Kiva
  • 83.9
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Lewnida to buy tree seedlings and a water pump.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 15, 2013
Listed
May 20, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014