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George
George is 34 years old; he is single, but supports his parents. He buys, sells, and transports charcoal to his customers.

He has been in business for the past two years, with a monthly income of KES. 20,000, which he uses for his basic needs, and the support of his parents.

He is applying for his first loan term from KADET LTD, after being introduced by an existing KADET LTD customer. George will use the loan to buy more sacks of charcoal in bulk for sale, especially during the high season. With the anticipated profit, he will expand his business.

His hopes and dreams are to save, expand his business, and own a big lorry to transport his charcoal. He currently hires a pickup for transport, which is very costly.

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
  • 825
    View loans »
    Kenya Loans Fundraising
  • $40,311,575
    Funds lent in using Kiva
  • 85.3
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped George to buy more sacks of charcoal in bulk for sale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 5, 2012
Listed
Oct 29, 2012
Currency Exchange Loss:
Possible
Ended:
Feb 15, 2013