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Francis
Francis is 33 years old and married to Janet, who operates a kiosk. He is the father of three children, aged eight, six, and two years. Francis is a mixed farmer. He learned about KADET LTD from other farmers in his area. Besides farming, he operates a motorcycle transport business, to earn income and meet his family's needs.

He has obtained a second loan of KES 40,000, after having successfully repaid his first loan. He will use the new loan funds, together with his savings, to purchase another motorcycle, so he can offer his motorcycle transport services over a wider area.

He will use the anticipated profits to buy farm inputs and to hire a worker. Francis's hope and dream is to expand his business and to, in the future, have a fleet of taxis.

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
  • 1022
    View loans »
    Kenya Loans Fundraising
  • $43,108,375
    Funds lent in using Kiva
  • 85.7
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Francis to purchase another motorbike, which will enable him to offer his motorcycle transport services over a wider area.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Feb 25, 2013
Listed
Mar 19, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2013