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Fredrick
Fredrick is a 27-year-old farmer who grows rice. He is married to Mary. They are blessed with one child. He has been in the farming business for the past nine years. He has a monthly income of 15,000, which he uses to support his family members.

He is applying for his first loan from KADET after being introduced by a KADET staff member. Fredrick will use the loan for land cultivation, transplanting of seedlings, hiring of laborers and paying for water to irrigate his crops. He will use the anticipated profit to lease an extra acre of land and improve his rice farming business. He hopes to create enough wealth to live a stable life with his family.

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
  • 715
    View loans »
    Kenya Loans Fundraising
  • $42,279,525
    Funds lent in using Kiva
  • 91.4
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $225 helped Fredrick to cultivate his land, transplant seedlings, hire laborers and pay for water.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 17, 2011
Listed
Jun 23, 2011
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2012