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Stephen
Stephen is 39 years old and has a motorcycle transport business in the town of Nakuru, Kenya. He is married to Ann, who has a green grocery store. Together they have three children, aged 14,10, and six years.

He has been in the transport business for six years, and it has been very profitable.This will be his first loan with KADET, and Stephen plans to use the loan to buy another motorcycle. With the anticipated profits, he plans to boost his wife's business with more stock for additional income.

In the future, Stephen hopes to invest more in the transport business by buying a passenger service vehicle. He also hopes to provide a better education to his children.

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
  • 841
    View loans »
    Kenya Loans Fundraising
  • $42,925,925
    Funds lent in using Kiva
  • 84.1
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $975 helped Stephen to buy another motorcycle.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 31, 2012
Listed
Jun 29, 2012
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2013