Update on JaneJane is a sixty seven years old. She is a widow and a mother of one child. She operates a M-pesa and flower shop. She has been in this business for nine years and gets monthly income of sixty thousand shillings.
This will be Jane's third loan with KADET LTD, she intends to use the loan to purchase flowers and Mpesa float. Her future hopes and dreams are to promote all areas of her life by being prosperous.
Previous Loan DetailsJane is a woman of 66 years. She is a widow and a mother of one child. She sells fresh flowers and has been in this business for eight years, Jane gets a monthly income of 50,000 shillings. This will be Jane’s second loan from KADET LTD. She plans to use the entire loan to buy more flowers for ... More from Jane'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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