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Francis
Francis is a 39-year-old businessman. He is married to Magdalene, a business lady. They are blessed with three children. He has been running a retail shop for the past 10 years with the monthly income of KES (Kenyan shillings) 10,000, which he uses to support his family.

He is applying for his third loan term from KADET LTD. after repaying the previous loans successfully. Francis will use the loan to buy more stock of sugar, rice and cooking oil for sale.

With the anticipated profit from the business, he will educate his children. His hopes and dreams are to open a wholesale shop and improve the family's living standards.

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
  • 930
    View loans »
    Kenya Loans Fundraising
  • $41,730,500
    Funds lent in using Kiva
  • 85.8
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Francis to buy more stock of sugar, rice and cooking oil.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 7, 2012
Listed
Nov 22, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2013