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Alfred
Alfred is 36 years old, married, and supports four people. He runs a furniture making business in Kapsabet town in Nandi County. This has been his income generating business for the last 7 years; he earns an average monthly income of KES 18,000.

He has borrowed a loan of KES 70,000, which is his fifth loan with KADET LTD. With this loan he will be able to pay college fees for his brother. Alfred anticipates getting profits from his construction business, which he will use to expand his business by increasing more models of furniture to meet his clients' demands.

Alfred hopes to improve his living standards and be financially stable; he also hopes to be able to save money for school fees for his children as well as expand his business.

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
  • 635
    View loans »
    Kenya Loans Fundraising
  • $39,149,000
    Funds lent in using Kiva
  • 86.0
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $825 helped Alfred to pay school fees.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 18, 2013
Listed
Jul 11, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2014