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Peter
Peter is 42 years old and married to Elizabeth. They have four children aged 14,12, 9 and 2. Peter buys tea leaves from the local suppliers and sells them to the main tea factory. He has been in operation for a period of four years earning a monthly income of KES.10,000.

He wishes to borrow KES.60,000 from KADET LTD. This is his second loan. He repaid the previous loan successfully. He hopes to use the money to improve the quantity of the tea he purchases from the farmers and increase the number of bags. The increased profit will be used to repay the loan as well as for his family's welfare.

His dream is to improve his business and improve the living standards of 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
  • 962
    View loans »
    Kenya Loans Fundraising
  • $41,060,325
    Funds lent in using Kiva
  • 99.6
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $625 helped Peter to pay the suppliers of tea leaves.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 10, 2011
Listed
Oct 26, 2011
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2013