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Michael
Michael is 30 years old, and married to Josephine. They have been blessed with three kids of the following ages: 8, 5, and 3 years old. Michael is in a 'boda-boda' (motorcycle taxi) business. He has been in this business for four years, and right now his monthly income from the business is KES 9000.

He is borrowing a loan of KES 90,000. He intends to use the loan to purchase another motorbike. Michael plans to venture into another business with the anticipated profit.This is his third loan from KADET, and he successfully repaid his previous loans.

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.

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About Kenya

  • $1,800
    Average annual income
  • 618
    View loans »
    Kenya Loans Fundraising
  • $40,262,550
    Funds lent in using Kiva
  • 86.6
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,050 helped Michael to purchase a motorbike.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jun 24, 2013
Listed
Jul 28, 2013
Currency Exchange Loss:
Possible
Ended:
Jul 17, 2014