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Peter
Peter is 38 years old and he supports two people in his family. He runs a retail shop and sells newspapers in the Kaptumo trading center in Nandi County served by KADET LLD. The Kapsabet office and this shop have been his income-generating business for the last four years. He earns an average monthly income of KES 15,000.

Peter has borrowed a loan of KES 70,000, with which he intends to pay school fees for his brother. He anticipates getting a profit to expand his business by increasing more items to meet his clients' demand.

Peter hopes to improve his living standards and to be able to meet his financial needs. He also hopes to save money to enable him to pay school fees for siblings as well as expand 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
  • 737
    View loans »
    Kenya Loans Fundraising
  • $42,304,775
    Funds lent in using Kiva
  • 86.0
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $825 helped Peter to pay school fees.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 13, 2013
Listed
Jun 30, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 7, 2014