Update on JohnThis marks John's second loan after repaying his first loan fully. His business has grown and he has opened up a second business, a wood workshop. He will use this requested loan to stock timber in his workshop, and the proceeds will help to renovate his retail shop for expansion. John hopes to grow his two businesses in the future.
Previous Loan DetailsJohn is a 34-year-old general store owner from Bamburi Mtambo, Mombasa. He is a married father of three whose wife provides additional income. He has been in this business for the last five years and has done well. He is requesting his first loan to purchase a stock of sugar, packets of milk,... More from John'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
713View loans »
Success!! The loan was 100% repaid
- Repayment Term
- 14 months (Additional Information)
- Repayment Schedule
- Jul 22, 2013
- Aug 2, 2013
- Currency Exchange Loss:
- Aug 17, 2014
Photo from previous loan
Kiva allows our Field Partners to re-use the same photo for individual borrowers that have been posted on Kiva's website once before in a 24 month period, and we allow them to re-use group photos for up to 24 months, provided that 80% of the current group's membership is represented.
Taking, collecting, and uploading photos of borrowers is one of the most challenging elements of using Kiva for our Field Partners. In order to make Kiva easier for Field Partners to use, we have allowed them to post successive and concurrent loans without taking a new photo of the borrower if the criteria above are met.