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Alphonce
Alphonce is 41 years old and married with 4 children. He sells cereals in Kangundo town; he has been in this business for 19 years now and it has been profitable. This is his sixth loan term and he paid his previous loans successfully. He will use this loan to buy more cereals to sell. These include maize and beans. This will enable him have more stock and thereby meet his clients' demands as well as make more income. He will use the anticipated income to pay school fees for his children. In the future, Alphonce hopes to expand his cereals shop by stocking more maize, beans, green grams and rice. He also plans to educate his children to tertiary level.

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
  • 634
    View loans »
    Kenya Loans Fundraising
  • $39,170,550
    Funds lent in using Kiva
  • 87.4
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,150 helped Alphonce to buy more stock of cereals to sell.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 5, 2013
Listed
Sep 27, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014