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Michael
Michael is 34 years old. A businessman, he is married to Jacinta, a business lady. They are blessed with two children. He has been running a general shop for the past ten years with the monthly income of KES 20,000 which he uses to support his family.

He is applying for his first loan from KADET LTD, after being introduced by a credit officer. Michael will use the loan to purchase more of sacks of sugar, rice, and cartons of cooking fat 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 living standard.

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
  • 1013
    View loans »
    Kenya Loans Fundraising
  • $43,148,500
    Funds lent in using Kiva
  • 86.0
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,175 helped Michael to purchase more of sacks of sugar, rice, and cartons of cooking fat.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 8, 2012
Listed
Dec 7, 2012
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2013