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Stephen
Stephen is a 38-year-old businessman who is married to Patricia, a farmer. They are blessed with three children aged 8, 6 and 2 years. He has been running a retail shop for the past 12 years with a monthly income of KES 30,000, which he uses to support his family.

He is applying for his second loan term with KADET after repaying the previous loan successfully. Patrick will use the loan amount to buy more stock of sugar, rice and cooking oil for his shop. With the anticipated profit from the business he will educate his children.

He hopes to open a beauty salon for his wife, which will help them improve the living standards of their 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
  • 881
    View loans »
    Kenya Loans Fundraising
  • $42,385,525
    Funds lent in using Kiva
  • 89.5
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $800 helped Stephen to buy more stock of sugar, rice and cooking oil for his shop.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 24, 2011
Listed
Dec 9, 2011
Currency Exchange Loss:
Possible
Ended:
Dec 15, 2012