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Update on Teresia

Teresia has done well in her business after making great sales in the months of December and January. She would like to replenish her stock and expand her business further.

She has applied for her third loan which she will use to buy more stock of shirts, skirts, blouses, trousers, handbags and shoes. She hopes to grow her business and start selling clothes in wholesale.

Previous Loan Details

Teresia is a 26-year-old business lady who sells new clothes, shoes and handbags in Mshomoroni, Mombasa. She is married to Shem with whom she has three children. She has been running this business for the last one year. Her business is doing great. This will be Teresia's second business loan ... More from Teresia'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
  • 368
    View loans »
    Kenya Loans Fundraising
  • $50,186,950
    Funds lent in using Kiva
  • 87.8
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Teresia to purchase more shirts, skirts, blouses, trousers, handbags and shoes.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Feb 18, 2013
Feb 23, 2013
Currency Exchange Loss:
Mar 17, 2014
This photo was used before for a previous loan for Teresia. It was first posted on Kiva on Sep, 2012. Learn More