Update on NaataesimNaataesim is 74 years old. He has three wives and twenty children. For the past ten years he has worked his farm and done well. He has added to his flock of animals, which his children help him manage.
Naataesim has paid off two prior loans with VisionFund Kenya. With the help of these loans his monthly income has increased. He is now applying for a third loan of 45,000 KES which he will use to buy feed for his livestock and cultivate maize on his farmland.
With his loans Naataesim has been able to take care of all of his family's basic needs. He hopes to continue to be prosperous and a helpful man to society.
Previous Loan DetailsNaataesim is 74 years old, and married to three wives with 20 children. He has been in the agriculture business for the last ten years, with a monthly income of KES 30,000. Naataesim has managed to get a second loan from KADET LIMITED for KES 30,000, which he used to purchase more fertilizer.… More from Naataesim'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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Success!! The loan was 100% repaid