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Update on Karisa

This 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 Details

Karisa 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 »

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
  • 712
    View loans »
    Kenya Loans Fundraising
  • $44,827,200
    Funds lent in using Kiva
  • 84.9
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,125 helped Karisa to purchase a motorbike.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Oct 9, 2013
Nov 4, 2013
Currency Exchange Loss:
Mar 6, 2015
This photo was used before for a previous loan for Karisa. It was first posted on Kiva on Jun, 2012. Learn More