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Solomon
Solomon is a 31-year-old married man with two children.



To earn a living, he runs a motorcycle (locally known as boda-boda) transportation business, but he also operates an agro-vet chemicals' shop. He has been in these businesses for three years and earns a monthly income of approximately $10,000 KES from both businesses.



He is seeking his second loan, this time in the amount of 25,000 KES. He intends to use the loan proceeds to service his motorcycle and to buy more assorted chemicals and animal feed for sale in his shop. With the profits that he expects to earn as a result of the loan, he plans to purchase more inventory for his sales business.



In the future, he wants to be able to expand his shop into a wholesale sales operation. His dream is to expand his business to other towns and to provide his children with the best possible education.

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
  • 855
    View loans »
    Kenya Loans Fundraising
  • $42,924,225
    Funds lent in using Kiva
  • 87.8
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $300 helped Solomon to service his motorcycle and to purchase additional assorted chemicals and animal feed for re-sale purposes.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 12, 2013
Listed
Feb 21, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014