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Agnes

Update on Agnes

Agnes is 54 years old, married to Harrison, and a mother of six. She is a dairy farmer. She has been in this business for 14 years and earns a monthly income of KES 40,000.

This will be Agnes' fourth loan with KADET LTD. She plans to use the entire loan to buy fertilizer, maize seedlings and insecticides.

In future, she wants to be a successful farmer and to educate her children.

Previous Loan Details

Agnes is 53 years old and married to Harrison. Together they have six children, aged 30, 28, 26, 22 and 18 years old. She is a farmer and has been in the business for the past 13 years. She gets a monthly income of 84,000 Kenyan shillings (KES) from the farming businesses. This is her third lo... More from Agnes'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
  • 980
    View loans »
    Kenya Loans Fundraising
  • $40,408,475
    Funds lent in using Kiva
  • 83.8
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $975 helped Agnes to purchase fertilizer, seedlings and insecticides.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Apr 23, 2013
Listed
May 2, 2013
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2014