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Francis
Francis is a 32-year-old father of one child, aged seven years. He sells fruits and vegetables in Kangundo town. He mostly sells raw bananas, oranges, and mangoes. Vegetables include cabbages and spinach. He has been in this business for four years and it has been profitable since he has been able to provide for the needs of his family from the income he gets.

This will be Francis' third loan term and he plans to use the entire amount to buy more stocks of vegetables and fruits to sell. These include cabbages, spinach, and lettuce which are usually in high demand in the area. He also plans to buy bananas, mangoes, watermelon, paw paw, and oranges to sell. He anticipates generating more income which he will use to pay school fees for his child.

Francis hopes to expand his business by opening a big grocery store at the marketplace and, thereby, making more income.

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
  • 87.6
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Francis to buy more stocks of vegetables and fruits to sell.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jan 25, 2013
Listed
Feb 21, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 17, 2014