Update on LinahLinah is a 37-year-old woman. She is married to Harrison and is a mother of two children. She runs a boutique in Nairobi. Recently, she ventured into a fruits-selling business as a side business, and it is picking up slowly. She has been in the clothes sales business for six years and she gets a monthly income of 25,000 shillings.
This will be Linah's third loan with KADET Ltd. She plans to use the entire loan to buy clothes for selling. In future, she wants to be a prosperous businesswoman so that she can improve her living standards.
Previous Loan DetailsLinah is thirty six years old, married lady with two children. She has a boutique business and has been in the business for five years now and gets a monthly income of KES. 20,000. This will be her first loan with KADET LTD, she plans to use the entire loan to buy more clothes for sale. In… More from Linah'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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