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Albert
Albert runs a butcher shop as his primary business and also sells clothes, a business managed by the wife. He has been doing these for the last five years, and earns a monthly profit of KES. 25,000. His other source of income is through farming. He is 32 years-old and married to Mary. They have two school going children.

He has applied for his third loan of KES. 50, 000 from Kiva partner KADET LTD, and he plans to use part of the loan to buy more stock of meat to sell, and also buy more clothes for sale during high season.

The anticipated profits he will save and provide for the family basic needs. In the future, he hopes to grow his business and be financially stable.

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
  • 343
    View loans »
    Kenya Loans Fundraising
  • $38,092,825
    Funds lent in using Kiva
  • 89.5
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Albert to buy more stock of meat to sell and also buy more clothes for sale during high season .
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 8, 2011
Listed
Dec 3, 2011
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2012