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Ruth
Ruth is a 25-year-old single mother of a 6-year-old child. She runs an M-pesa shop (a mobile phone-based money transfer service), a business she ventured into two years ago, and earns a monthly income of KES 25,000.

She has requested a second loan of KES 60,000 to add more float to her M-pesa business. The profit she earns from this business will help her open another branch.

Her dream is to see her business prosper as well as to educate her child.

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
  • 994
    View loans »
    Kenya Loans Fundraising
  • $40,863,900
    Funds lent in using Kiva
  • 84.0
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Ruth to add more float to her M-pesa money-transfer business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 26, 2012
Listed
Aug 22, 2012
Currency Exchange Loss:
Possible
Ended:
Aug 17, 2013