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Abel
Abel is 55 years old, from Olkalou. He is married to Beth, who runs a hotel and they have three children, aged 16, 13, and 10 years old.

He is in the business of livestock sales which he has been running for the past eight years.

He has applied for his fourth loan from Kenya Agency for Development of Enterprise and Technology (KADET), in the amount of KES 100,000, to enable him to buy more sheep.

Abel's monthly income right now is KES 50,000 and the anticipated profit from the expanded business will be used for paying back the loan and for educating his children.

His hope and dream for the future is to upgrade his living standards.

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
  • 650
    View loans »
    Kenya Loans Fundraising
  • $39,287,300
    Funds lent in using Kiva
  • 87.5
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,150 helped Abel to buy more sheep which will be sold later, after they are fattened.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 30, 2013
Listed
Sep 10, 2013
Currency Exchange Loss:
Possible
Ended:
Sep 17, 2014