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Michael
Michael is 29 years old and married. For the last three years he has earned a living by selling gasoline to the residents of Malindi. He earns 43,600 KES monthly.

Michael was introduced to KADET LTD by our credit officer. He repaid an initial loan and is now applying for a second of 20,000 KES to buy more gasoline to sell to his customers. He plans to use the profits made possible by this loan to pay for his nephew's school fees as well as expand his business.

Michael’s ambition is to continue growing his business so that he can give his family a good and stable life.

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
  • 700
    View loans »
    Kenya Loans Fundraising
  • $42,216,300
    Funds lent in using Kiva
  • 85.8
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Michael to buy more gasoline to sell.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 15, 2013
Listed
Mar 28, 2013
Currency Exchange Loss:
Possible
Ended:
Feb 18, 2014