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Richard
Richard is 26 years old. He is single and works as a mechanic in Nyahururu. He repairs motorcycles and also sells spare parts for both motorcycles and bicycles.

Having paid his first loan well and in good time, he will be taking out his second loan. He plans to use the loan to buy more motorcycle spare parts. This will also enable him to meet his customers' demands and needs.

In the future, Richard hopes to grow his business, open a big spare parts retail shop, and make more income.

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
  • 880
    View loans »
    Kenya Loans Fundraising
  • $43,068,825
    Funds lent in using Kiva
  • 83.9
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Richard to buy more spare parts for repair work.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 7, 2012
Listed
Jul 8, 2012
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2013