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Michael
Michael has been in the motorcycle transportation business for the last four years, operating in Naivasha town. He is 28 years old, is married to Eunice Wangari, and they have one school-going child.

Michael was introduced to KADET by his friend and this will be his first loan. He plans to add the proceeds of the loan to what he has saved to buy a new motorcycle. He will employ someone else to operate it for him.

Michael plans to grow in the transportation business and his future plan is to buy and operate a taxi in Naivasha town.

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
  • 1030
    View loans »
    Kenya Loans Fundraising
  • $40,873,425
    Funds lent in using Kiva
  • 77.0
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $200 helped Michael to add to his savings to purchase a new motorcycle.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 31, 2010
Listed
Apr 14, 2010
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2010