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Edward
Edward is a 58-year-old man from Nakuru. He is married to Susan, who is a housewife. They have five children, who are 21, 19, 16, 13 and 8 years old.



He operates a business of selling farm produce (such as potatoes) and charcoal. He has been running this business for the past 10 years. Edward's currently monthly income is approximately 10,000 KES.



Edward has applied for his second loan from Kadet Ltd. in the amount of 20,000 KES to enable him to buy more inventory for his business and to improve his farming activities by buying seeds and fertilizers. His plan is to use the profits he expects to generate as a result of the loan to build some rental houses on a plot of land that he owns. In the future, Edward hopes that his business will grow to greater heights and that his family will be healthy and happy.

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
  • 875
    View loans »
    Kenya Loans Fundraising
  • $41,659,250
    Funds lent in using Kiva
  • 87.6
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Edward to expand and improve his business by purchasing additional inventory (produce and charcoal) for re-sale purposes and seeds and fertilizers for farming operations.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 21, 2013
Listed
Sep 6, 2013
Currency Exchange Loss:
Possible
Ended:
Jun 17, 2014