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Francis
Francis, a father of eight from Mwingi, owns a business selling cereals and other grains. He currently lacks the capital needed to purchase items in bulk to restock his store. Francis also sells groceries to supplement his income. With a loan through KADET LTD, Francis will be able to purchase maize, beans, cow peas, and green grams in bulk when he finds goods at low prices.

He will then be able to have a fully stocked store which will attract more customers, generate sales, and create more profit due to a lower cost of goods sold. Additional income created will allow him to reinvest in his business, meet the needs of his family, and educate his children.

In the future, Francis would like to eradicate poverty and uplift the living standards of his family.

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
  • 1187
    View loans »
    Kenya Loans Fundraising
  • $40,475,500
    Funds lent in using Kiva
  • 87.5
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $575 helped Francis to purchase maize, beans, cow peas, and green grams in bulk.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 15, 2013
Listed
Aug 28, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014