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Lucas
Lucas is a 25-year-old man from Kisumu City, Western Kenya. He is married to Josephine, a housewife, and they have a four-month-old baby.
Lucas operates a stall from which he sells various home products – for example, torches, radios, CDs and many more items. He has been running this business for the last five years and he makes a monthly income of 30,000 KES.
Lucas joined Kiva partner KADET recently and has been awarded with a first loan, which he will use to buy CDs, torches, power extensions, and other items. He will use the profits to expand his business because he hopes to own a big shop selling home products at wholesale.

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
  • 700
    View loans »
    Kenya Loans Fundraising
  • $42,250,025
    Funds lent in using Kiva
  • 93.3
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $325 helped Lucas to buy a stock of home products.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 8, 2011
Listed
Nov 18, 2011
Currency Exchange Loss:
Possible
Ended:
Aug 16, 2012