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Joseph
Joseph M. is 28 years old, married and has two children who are six and three years old, respectively. His wife runs a food kiosk, which is also a source of income for the family. Joseph has been in the transport business for two years with a monthly profit of Kshs.10,500. The business is situated in Gisambay, Kisumu where motorbike transport is very much in demand.

He is applying for his first loan of Kshs. 30,000 from KADET LTD to buy a new motorbike to improve his transport services. He desires to save the profit generated and be able to provide for his family.

In the future, Joseph desires to own a Matatu [P.S.V] (a larger vehicle used to transport several people at one time) through KADET loans. He is very hardworking and determined to achieve his goals.

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
  • 954
    View loans »
    Kenya Loans Fundraising
  • $41,080,625
    Funds lent in using Kiva
  • 80.8
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Joseph to buy a new motorbike.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 23, 2010
Listed
Oct 15, 2010
Currency Exchange Loss:
Possible
Ended:
Apr 15, 2011