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Peter
Peter, a 60-year-old, married father of four, from Thika, has a business as a mixed crop farmer. He earns a monthly income of KES 17,000 which he uses to support his family. This marks his third loan term with Kenya Agency for Development of Enterprise and Technology (KADET), after successfully repaying his previous loans.

With the loan he has applied for from KADET, he will be able to purchase more seedlings and fertilizer. Additional income created will allow him to cater to his family’s needs and to repay his loan.

In the future, Peter would like to purchase a piece of land and to construct a permanent, residential house. He hopes to start exporting his farm produce.

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
  • 706
    View loans »
    Kenya Loans Fundraising
  • $42,216,300
    Funds lent in using Kiva
  • 87.5
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $475 helped Peter to purchase more seedlings and fertilizer.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
At end of term
Pre-Disbursed:
Aug 15, 2013
Listed
Aug 29, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014