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Francis
Francis is 38 years old, married and the father of two children. For the last four years, he has earned a living by running a retail shop where he earns about KES 5,000 a month, all of which he uses to support his family. He is applying for his first loan from KADET LTD, which he learned about from a friend who is a member. He will use the loan to buy more items, including sugar, rice and wheat flour, to sell to his customers. With the additional income made possible by this loan, he plans to go into the business of selling kerosene. His hope is to open a wholesale business and improve his family's living standards.

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
  • 735
    View loans »
    Kenya Loans Fundraising
  • $42,304,775
    Funds lent in using Kiva
  • 90.5
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $125 helped Francis to buy sugar, rice and wheat flour to sell to his customers.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 11, 2011
Listed
Aug 4, 2011
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2012