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Lucy
Lucy is 40 years old and an enterprising businesslady. She is married to Peter, who is a businessman. They are blessed with three children, aged 21, 17, and 14 years. She has been baking cakes for the past 14 years. Her monthly income of KES 10,000 is used to support her family.

Lucy is applying for her first loan from KADET LTD after being introduced by a KADET staff member. Lucy will use the loan to purchase wheat flour, sugar, and an oven. She will use the remaining amount to rent a house for her business. With the anticipated profit, she will educate her children. Her hope and dream is to open a hotel (restaurant).

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
  • 829
    View loans »
    Kenya Loans Fundraising
  • $42,938,250
    Funds lent in using Kiva
  • 84.3
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Lucy to purchase wheat flour, sugar, and an oven and rent a space for her business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 10, 2012
Listed
May 19, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013