Update on KarisaThis marks Karisa's fourth loan to finance his business. He will use the money to purchase a motorbike, which will make him access the interior parts of villages where motor vehicles cannot reach with ease.This will be efficient and will boost his income since other public vehicles cannot access such remote areas.
With this loan, Karisa will have been a versatile business man and with the profits from the motorcycle business, he will increase his goats stock.
Previous Loan DetailsKarisa is a 29 year old livestock seller in Kilifi. He is single. He has been selling goats for the past seven years successfully. This is Karisa’s third loan from KADET LTD. for financing his business. He plans to buy more goats to rear and later sell to his customers. He will use the pr... More from Karisa'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
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Success!! The loan was 100% repaid
- Repayment Term
- 14 months (Additional Information)
- Repayment Schedule
- Oct 9, 2013
- Nov 4, 2013
- Currency Exchange Loss:
- Mar 6, 2015
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.