Update on Purity WamuyuPurity used her third loan to buy seeds and fertilizer for use on her farm. She planted and harvested well and it was very profitable.
This is her fourth loan and she plans to use this amount to buy a heifer and fertilizer.
In the future, Purity hopes to expand her farm and to venture into the dairy business so she can increase her income and improve her family's living standard.
Previous Loan DetailsPurity has practised agriculture in Ndunyu Njeru town for the last 11 years. She is 59 years old, married to Stephen Gionga, and they have three children. She was introduced to KADET by her friend and this will be her third loan. She repaid all her previous loans well and in good time. She plans ... More from Purity Wamuyu'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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