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Daniel
Daniel is 50 years old, married, and supports a family of ten. He runs a retail shop (kiosk) and this has been his income-generating business for the last five years. He gets an average monthly income of KES. 10,000.

He has borrowed a loan of KES. 30,000, and with this loan he intends to buy tea leaves, two cartons of salt, and maize flour for sale.

He anticipates getting profits which he will use to expand his business by increasing his inventory to meet his clients' demand.

Daniel hopes to improve his living standards and be financially stable; he also hopes to save money to enable him to pay school fees for his children as well as expanding his business to a general goods wholesale shop.

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
  • 981
    View loans »
    Kenya Loans Fundraising
  • $40,408,475
    Funds lent in using Kiva
  • 85.7
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $375 helped Daniel to buy tea leaves, two cartons of salt, and maize flour for sale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 6, 2013
Listed
Jul 1, 2013
Currency Exchange Loss:
Possible
Ended:
Nov 17, 2013