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Francis Kundu
Francis is 52 years old, married and is blessed with two children. His retail business is located at Mugunga market in Eldoret. Wanting to enhance his business, Francis sought out a KADET branch and applied for a loan. With this loan, Francis is planning to add more stock to his shop, which includes buying foodstuffs (unga flour), cooking fat, sugar and rice. Also he intends to start farming so that he can provide for the basic needs for the family. His future dream is to buy a plot of land and be able to build residential and rental houses.

About KADET: The Kenya Agency for the Development of Enterprise and Technology (KADET) is dedicated to economically empower its clients by providing financial services to improve living conditions of micro-entrepreneurs and their children across Kenya. KADET is the microfinance subsidiary of World Vision Kenya. Obtain more information on KADET from the website: http://www.kadet.co.ke/

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.

About Kenya

  • $1,800
    Average annual income
  • 879
    View loans »
    Kenya Loans Fundraising
  • $43,068,825
    Funds lent in using Kiva
  • 75.3
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,000 helped Francis Kundu to purchase items including flour, cooking fat, sugar and rice to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 28, 2009
Listed
Nov 4, 2009
Currency Exchange Loss:
Possible
Ended:
Nov 15, 2010