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Maurice
Maurice, age 37, runs a small-scale horticulture business in Elgeiyo Marakwet County. His wife supports him in running the business and producing additional income. He has been in this business for the last three years and earns a monthly profit of Kshs 10,000.

Maurice and his wife are blessed with three children.

He has requested a loan in the amount of Kshs 91,000 from KADET Ltd, which he intends to use to start a new barber shop business. He will purchase a pool table and equipment for the new shop with his loan funds. He will use the anticipated profits to expand his business as well as diversify his ventures to increase his income.

His hopes are to improve his family's living standards, to be financially stable, and to save money to enable him to pay school fees for his children. His aspiration is eventually to expand his new barber shop business to other towns.

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
  • 954
    View loans »
    Kenya Loans Fundraising
  • $41,080,625
    Funds lent in using Kiva
  • 86.3
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,075 helped Maurice to purchase necessary equipment and a pool table for his new barber shop business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 22, 2013
Listed
Mar 3, 2013
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2014