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Michael
Michael is 30 years old and married to Caroline Auko, who is a businesswoman, and they are blessed with two children who both go to school. Michael is a carpenter and has been in business for the past ten years. His current monthly income is 20,000 KES.

Michael is requesting a loan of 22,000 KES to buy timber of different sizes. He plans to use the profit from his loan to expand his wife’s business and help educate his children. This will be his second loan and he successfully repaid his previous one.

Michael’s dreams and hopes are to purchase a plot of land and build a house.

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
  • 720
    View loans »
    Kenya Loans Fundraising
  • $42,190,575
    Funds lent in using Kiva
  • 81.4
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $275 helped Michael to purchase timber.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 27, 2011
Listed
Mar 1, 2011
Currency Exchange Loss:
Possible
Ended:
Mar 15, 2012