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Stephen
Stephen is 56 years old, married, and supports a family of five; his spouse assists him in producing additional income. Stephen is a small-scale farmer and owns a retail shop. He has been in business for the last 23 years. From this business he gets an average income of KES.30,000 a month.

Stephen as borrowed a loan of KES. 100,000 of which he intends to use to purchase stock of wheat flour and washing detergents for his retail shop as well as purchasing farm inputs.

He will use the anticipated profits to expand his business as well as diversify his business venture to acquire wealth. His dream and hope is to be a well-accomplished businessman and that he will be able to give the best education to his children.

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
  • 958
    View loans »
    Kenya Loans Fundraising
  • $41,127,600
    Funds lent in using Kiva
  • 86.0
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,175 helped Stephen to purchase farm inputs and stock for his retail shop.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 8, 2013
Listed
Mar 7, 2013
Currency Exchange Loss:
Possible
Ended:
Mar 17, 2014