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Update on Wilson

Wilson has been selling spare parts, he also ventured into private transport business which has been earning him extra income for the past ten years with a monthly income of 50,000 KES which he uses to support his family.

He is applying for his third loan term with KADET LTD., after repaying the previous loans successfully. He will use the loan and savings accumulated to buy a private vehicle for transport services which will enable him to increase his income.

With the anticipated profit from the business he reinvest it into the business. His hopes and dreams are to educate his children and improve on the living standards of his family.

Previous Loan Details

Wilson, 39 years old and married to Nelious, is the father of a seven-year-old. Wilson has been in the spare parts business for three years, earning a monthly income of KES 20,000. Having repaid his previous loan, he is now requesting a second loan from KADET to add a stock of spare parts to... More from Wilson'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
  • 841
    View loans »
    Kenya Loans Fundraising
  • $47,022,050
    Funds lent in using Kiva
  • 87.4
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $925 helped Wilson to buy a private vehicle for transport services.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jan 22, 2013
Feb 13, 2013
Currency Exchange Loss:
Feb 17, 2014
This photo was used before for a previous loan for Wilson. It was first posted on Kiva on Jul, 2011. Learn More