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Hesborn
Hesborn is 40 years old, married, and a father of 5 children, aged 23, 21, 18, 15 and 12 years old. His spouse is Beatrice, who is a small scale farmer but contributes to the family’s total income. Hesborn owns a timber yard where he sells timber to other traders. This business has been in operation for a period of 2 years, earning a monthly income of about Kshs 28,000.

Hesborn has just joined KADET LTD and borrowed a loan of Kshs 20,000. He wishes to use this amount to purchase trees for felling into timber. The profits will be used to pay school fees for his school-going children as well as repaying his borrowed amount.

He hopes to expand his business and own a plot of land.

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
  • 669
    View loans »
    Kenya Loans Fundraising
  • $39,776,825
    Funds lent in using Kiva
  • 99.9
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $225 helped Hesborn to purchase trees for timber.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 28, 2011
Listed
Oct 22, 2011
Currency Exchange Loss:
Possible
Ended:
Apr 16, 2012