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Peter
Peter is 41 years old and a business man. He is married to Jane, who is a farmer. They are blessed with two children. He has been selling second hand clothes in an open air market as his primary business and also does land farming with the support of his wife as his secondary business. He has been in the business for the past nine years, with a monthly income of KES 20,000 which he uses to support family members.

He is applying for his third loan with KADET after repaying the previous loans successfully. Peter will use the loan to add more stock of second hand clothes, purchase farm manure and seedlings.

With the anticipated profit from the two businesses he will educate his children. His hope and dream is to educate his children up to university level and live a comfortable 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
  • 946
    View loans »
    Kenya Loans Fundraising
  • $41,127,550
    Funds lent in using Kiva
  • 90.9
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Peter to add more stock of second hand clothes, purchase farm manure and seedlings.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 17, 2011
Listed
Jun 26, 2011
Currency Exchange Loss:
Possible
Ended:
Jul 16, 2012