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Stephen
Stephen K. M. is 24 years old, married to Faith Mutindi and does not have children. He has been running a retail shop in Tala town, making an income of 10,000 KES. He learned about Kiva partner, KADET, through group members registered with KADET, and he is applying for his first loan, which he will use to purchase more stock for the shop such as cooking oil, flour, sugar, tea leaves and sweets for resale. Stephen intends to use the anticipated profits to save and plow back into his business. In the future, he plans to grow his business and become stable financially.

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
  • 444
    View loans »
    Kenya Loans Fundraising
  • $38,327,075
    Funds lent in using Kiva
  • 84.1
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $125 helped Stephen to purchase more stock such as cooking oil, flour, sugar, tea leaves and sweets.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 25, 2011
Listed
Apr 14, 2011
Currency Exchange Loss:
Possible
Ended:
Oct 15, 2011