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Festus
Festus, age 57, is a farmer. For additional income, he operates a kiosk in his neighborhood, where he sells basic goods. He has been engaged in both ventures for the past eight years and earns a monthly income of KES 5,000.

Festus lives with his wife Anna, age 53, in Kakamega. They have three children, ages 14, 17, and 23.

Festus is requesting his third loan with KADET Ltd, after having successfully repaid his previous loans. He will use his loan funds to purchase fertilizers for his farm and to add more stock to his kiosk, buying items like cooking fat, washing detergents, and soft drinks to offer for sale. He will use the anticipated profit to expand his business.

He has a dream of becoming a successful businessman in his location.

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
  • 762
    View loans »
    Kenya Loans Fundraising
  • $42,304,775
    Funds lent in using Kiva
  • 87.6
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $175 helped Festus to purchase fertilizers for his farm and to add more stock to his kiosk, such as cooking fat, washing detergents, and soft drinks.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 19, 2013
Listed
Feb 24, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014