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Antony

Update on Antony

Antony is 39 years old and a shopkeeper. He is married to Pasqulina and they are blessed with two children, ages 12 years and three years old. Antony has been running his retail shop for the past six years, with a monthly income of 5,000 KES, which he uses to meet the needs of his family.

Antony is applying for his second loan with KADET. He will use the loan to add more stock, such as sugar, flour, stationery, etc., to his inventory. With the expected profits from his business, he will pay school fees for his children and repay his loan with KADET.

Antony hopes and dreams that one day he will have a sustainable business and build a good home for his family.

Previous Loan Details

Antony is a 39-year-old shopkeeper. He is married to Pasqulina and together they are blessed with two children aged 12 and three respectively. Antony has been running his retail shop for the past six years with a monthly income of KES 5,000 which he uses to meet the needs of his family. Anton... More from Antony'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
  • 596
    View loans »
    Kenya Loans Fundraising
  • $40,262,550
    Funds lent in using Kiva
  • 87.5
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $350 helped Antony to add more stock, such as sugar, flour, stationery, etc., to his inventory.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 13, 2013
Listed
Sep 30, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2013
This photo was used before for a previous loan for Antony. It was first posted on Kiva on Sep, 2013. Learn More