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Michael
Michael is a married man. He has three children with ages ranging from 10 years and 18 years. He describes himself as focused. He operates a welding and repair shop. He has been involved in this business for 20 years and employs one staff member. His business is located in a busy local market and his primary customers are motorbike operators from within the area. He describes his biggest business challenges as expensive spare parts and fluctuating electricity prices. He will use the KES 50,000 loan to add spare parts to the shop. His business goal is to own a fleet of motorcycles in the area within five years. He hopes that in the future, he will be able to educate his children.

About Kenya

  • $1,800
    Average annual income
  • 944
    View loans »
    Kenya Loans Fundraising
  • $41,033,900
    Funds lent in using Kiva
  • 101.8
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $500 helped Michael to buy spare parts for the shop.
100% repaid
Repayment Term
15 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 30, 2011
Listed
Oct 6, 2011
Currency Exchange Loss:
Possible
Ended:
Sep 15, 2012