Update on SarahSarah is a woman of thirty one years, married to Joseph Kiarie and a mother of two children, she is a dressmaker and has been in this business for five years now, she gets monthly income of twelve thousand shillings.
This will be Sarah's second loan term and she plans to use the entire loan to buy new materials for making clothes. In future she wants to be a successful tailor and employ people to work for her.
Previous Loan DetailsSarah is now thirty four years old and married to Kiarie. They are blessed with one child. She will use the loan to expand her business by buying more stock of cloth material for making dresses for her customers. She has been in the dressmaking business for the last four years earning a monthl... More from Sarah'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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