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Jane

Update on Jane

Jane is a fifty eight year old woman. She is a single mother of three children. She operates a milk kiosk and also does dairy farming. She has been in this business for two years now. She gets a monthly income of thirty seven thousand four hundred shillings.

This will be Jane's third loan with KADET LTD. She plans to use the entire loan to buy new furniture for the milk kiosk. Her future hope and dream is to buy a plot and build a house.

Previous Loan Details

Jane is 57 years old, single and a mother to three children. She operates a milk shop and also does dairy farming which has been her business for four years now and she gets a monthly income of 30,000 KES. This is Jane's second loan with KADET LTD. She plans to use the entire loan to purchase a… More from Jane'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
  • 406
    View loans »
    Kenya Loans Fundraising
  • $38,141,300
    Funds lent in using Kiva
  • 85.0
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Jane to purchase furniture for the milk kiosk.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 4, 2013
Listed
Nov 3, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2014