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Erick
Erick is 40 years old, married, and a father of two children. For the last seven years, Erick has been earning a living by operating a garage business in Malindi, getting a monthly income of about KES 25,000.

He was introduced to KADET Ltd by a credit officer, and he is applying for his second loan of KES 100,000. He intends to buy additional equipment such as drills and welding machines needed for his business.

Erick will save the anticipated profit, take care of his family, and pay the school fees for his two sons as he continues to grow his business. In the future, he hopes to expand 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
  • 866
    View loans »
    Kenya Loans Fundraising
  • $43,068,825
    Funds lent in using Kiva
  • 84.9
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,200 helped Erick to buy additional equipment such as drills and welding machines needed for his business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 2, 2012
Listed
Oct 19, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2013