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John
John is 34 years old, married, and a father of one child. For the past five years, he has earned a living by offering point-to-point transport services in Malindi town, from which he earns a monthly profit of about KES 6,050. He was introduced to KADET LTD by a credit officer and is applying for his second loan, in the amount of KES 35,000. He is going to use a portion of the loan to service and repair his motorbike and use the remaining amount to purchase a pair of new wheels for his motorcycle. He will use the profits to pay school fees for his child, invest back into his business, and continue looking after his family. His goal for the future is to continue growing his business so that he can improve his 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
  • 722
    View loans »
    Kenya Loans Fundraising
  • $42,214,325
    Funds lent in using Kiva
  • 86.0
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $425 helped John to repair, service, and buy a new pair of wheels for his motorcycle.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 19, 2013
Listed
Jun 30, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2014