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Lucas Kungu
Lucas Kungu is 28 years old and runs a motorcycle transport business popularly known as ‘bodaboda’ in Kenya. His business is in the town of Kiserian, which is a very busy place. He is married to Ann Wacu, and they have a two-year-old daughter. Lucas was introduced to KADET by another KADET client.

Lucas has been running his business for two years and his monthly profit is 20,000 Kenyan shillings. This loan of 40,000 Kenyan shillings is his second loan with KADET. He intends to purchase spare parts for his motorbike with the loan. If the loan boosts his business he will purchase another motorbike and employ someone to operate it.

Lucas dreams of buying a piece of land in the future and build houses to rent out. He describes himself as hardworking.

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
  • 736
    View loans »
    Kenya Loans Fundraising
  • $42,304,775
    Funds lent in using Kiva
  • 80.4
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Lucas Kungu to buy spare parts for his motorbike.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 30, 2010
Listed
Jan 1, 2011
Currency Exchange Loss:
Possible
Ended:
Jun 18, 2011