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Stephen
Stephen is 39 years old and married to Rosemary who sells cloth.They have been blessed with two children aged 15 and 10 years. He has been a carpenter for the last 10 years managing a profit of Ksh 20,000/= monthly. He is more likely to succeed because his wife contributes to meeting their expenses, hence paving the way for his growth.

The loan will be used to purchase timber. He plans to use the anticipated profits to purchase a grooving machine and grow his business further. This is his third loan with Kadet after successfully repaying the previous loans. He dreams of owning a workshop that will produce quality furniture.

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
  • 447
    View loans »
    Kenya Loans Fundraising
  • $38,309,375
    Funds lent in using Kiva
  • 80.3
    Kenya Shillings (KES) = $1 USD
Ended with Loss - Currency Exchange Loss learn more
A loan of $625 helped Stephen timber.
99% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Dec 27, 2010
Listed
Jan 1, 2011
Currency Exchange Loss:
Possible
Ended:
Jan 18, 2012