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Fredrick
Fredrick is 32 years of age, married to Mary, and blessed with four children, aged 12, 9, 7, and 3 years, respectively. He manufactures and sells molasses, a business he started seven years ago and he has steadily expanded his monthly income to KES 220,000, up from KES 70,000.

Fredrick has requested a third loan, in the amount of KES 100,000, to purchase a pickup truck for transporting molasses. The profit he earns will aid him in purchasing a lorry for transportation. His dream is to become a millionaire.

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
  • 432
    View loans »
    Kenya Loans Fundraising
  • $38,192,375
    Funds lent in using Kiva
  • 87.6
    Kenya Shillings (KES) = $1 USD
Expired
A loan of $1,150 helped Fredrick to purchase a pickup truck for transporting molasses.
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 21, 2013
Listed
Sep 6, 2013
Currency Exchange Loss:
Possible
Expired:
Oct 6, 2013