Update on Mary MwihakiMary is 54 years old and married with children who are between 15 years and 7 years old.
Mary used her previous loan well and was able to buy seeds and fertilizers, which enabled her to get a good harvest. She has applied for her fourth loan from KADET LTD to enable her to start a transport business that will be her secondary business.
She hopes to secure a bigger loan in the future that will enable her to improve her dairy farming.
Previous Loan DetailsMary has practiced farming in Ndunyu Njeru town for the last 20 years. She is 53 years old, married to John M., and they have five children. She was introduced to KADET LTD by a friend and this will be her third loan. She paid for her previous loans well and in good time. She plans to use ... More from Mary Mwihaki'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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