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Bonface
Bonface is 29 years old. He makes and sells wood carvings and woven baskets in Malindi town. He has been in this business for the last three years, with a monthly income of KES 25,000.

He was introduced to KADET Ltd. by a credit officer and he is applying for his second loan in the amount of KES 60,000. He intends to buy additional stocks of raw material for his business.

Bonface will save the anticipated profits and invest them back into his business. In the future, he hopes to continue growing his business and also venture into other investments.

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
  • 826
    View loans »
    Kenya Loans Fundraising
  • $40,311,575
    Funds lent in using Kiva
  • 84.0
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Bonface to buy additional stocks of raw material for his business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 14, 2012
Listed
Aug 27, 2012
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013