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Alice
Alice is 50 years old and the mother of six children, all of whom are currently studying in school. For the last four years, she has earned a living by operating a bicycle repair shop in Mpeketoni, Lamu, where she earns a monthly profit of 17,000 KES.

Alice was introduced to KADET by a credit officer and she is applying for her fourth loan of 60,000 KES to purchase additional tools and equipment such as spanners (wrenches), wheel tubes, lubricants and so on for her business.

She will use the profit from the business to pay for school fees for her children, purchase food for the family and expand the current business. Alice hopes to own her own car garage in future so as to improve her family's financial stability.

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
  • 736
    View loans »
    Kenya Loans Fundraising
  • $42,304,775
    Funds lent in using Kiva
  • 85.2
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Alice to purchase additional repairing tools and equipment needed for her business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
May 30, 2013
Listed
Jun 3, 2013
Currency Exchange Loss:
Possible
Ended:
Aug 2, 2014