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Peter
Peter is 60 years old. He owns a retail shop in Matuu town, and he has been in this business for the last twelve years. He gets an income of about KES 25,000 every month.

He has a very good credit history with KADET LTD where he is applying for his sixth loan of KES 100,000, with which he plans to boost business by buying stock of sugar, cooking oil, flour, salt and tea bags. He will use the anticipated profit to educate his grandchildren.

He hopes to own a supermarket in Matuu and open a retail shop in Tala.

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
  • 1037
    View loans »
    Kenya Loans Fundraising
  • $40,867,100
    Funds lent in using Kiva
  • 86.9
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,175 helped Peter to buy stock like sugar, salt, cooking oil, flour and teabags.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 15, 2013
Listed
Jan 22, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2013