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Leonard
Leonard is a hardworking young man, age 28, married to Mercy, and the father of three children, ages 6, 4 and 2 years old. He has been operating a motorcycle transport business for the last eight years on the outskirts of Bomet town. He learnt about KADET from some of his regular customer who are already registered and are already being funded by KADET Ltd. He earns approximately 45,000 Kenyan shillings (KES) per month.

Leonard has been advanced with a first asset loan of 97,400 KES, which he will use to facilitate the purchase of another motorcycle. The transport business is a booming business and, with an additional motorcycle, he will earn more income. He plans to use the proceeds to repay his loan as well as boost his savings account. His dream is to bring up a wealthy 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.

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About Kenya

  • $1,800
    Average annual income
  • 944
    View loans »
    Kenya Loans Fundraising
  • $41,679,400
    Funds lent in using Kiva
  • 87.5
    Kenya Shillings (KES) = $1 USD
Expired
A loan of $1,125 helped Leonard to purchase a motorcycle for his business.
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 20, 2013
Listed
Sep 10, 2013
Currency Exchange Loss:
Possible
Expired:
Oct 10, 2013