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Sammy
Sammy is 32 years old, married, and supports a family of three children ages between 4 and 7 years. His spouse works in a dispensary and supports him in meeting some of their financial needs. He operates a Motorcycle transport business and a hotel in Kapsabet town in Nandi County. He has been in this business for the last five years and with this business he gets an average profit of KES 140,000 a month.

Sammy has borrowed a loan of KES 60,000 with KADET LTD. With this loan he intends to use the whole amount to purchase a new motorbike to expand his transport service business. He anticipates getting profits, which he intends to use to support his family and expand his business. He hopes that after repaying his loan on time he will consequently meet his customers' needs.

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
  • 594
    View loans »
    Kenya Loans Fundraising
  • $40,262,550
    Funds lent in using Kiva
  • 86.0
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $700 helped Sammy to purchase a new motorbike to expand his transport business.
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:
Jul 17, 2014