Update on AntonyAntony is a man of fifty years who is married to Irene and a father of two. He supplies meat in Kangemi and has been doing so for seven years. He gets a monthly income of KES 20,000. This will be Antony's third loan from KADET LTD. He plans to use the entire loan to purchase meat for resale. In future he wants to educate his children and also to be a prosperous businessman.
Previous Loan DetailsAntony is a man of 50 years, married to Irene and the father of 2. He is a meat supplier, and his wife also supports the family with the income she gets from poultry keeping. Antony has been in this business for 7 years now; he gets a monthly income of 80,000 shillings. This will be Antony’s... More from Antony's previous loan »
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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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