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Update on Susan

This marks Susan's third loan. After servicing her second loan successfully, she has since expanded her business and employed one more person to help her in her shop. She hopes to continue growing her business.

Susan plans to purchase sewing thread and fabrics and materials for making clothing for her customers.

Previous Loan Details

Susan is 43 years old, married, and a mother of two school-going children. She is a tailor in Mombasa, a business she has been doing for the past three years. She is doing great. This is her second loan from KADET LTD to finance her business. She plans to purchase sewing thread and materials... More from Susan'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
  • 716
    View loans »
    Kenya Loans Fundraising
  • $44,827,200
    Funds lent in using Kiva
  • 83.8
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Susan to purchase sewing thread and materials for making clothing.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Apr 15, 2013
Apr 26, 2013
Currency Exchange Loss:
May 17, 2014