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Francis
Francis is 31 years old and comes from Nyahururu. He is married to Nyawira who is a housewife and they have one child aged three years old.

He is in the transport industry using his motorcycle to carry milk for the neighbors to the dairy shops, this is a business he has been carrying out for the last four years. Owing to the large number of customers that Francis has, he feels that he needs to buy an additional motorcycle and to enable him to do this, he has applied for his first loan from Kadet Ltd of Kshs. 85,000.

His monthly income right now is Kshs. 20,000 and he plans to use profits from his expanded business to buy a motor rickshaw.

In the future, Francis hopes to buy a pick-up so as to be more effective and efficient in his transport services.

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
  • 1010
    View loans »
    Kenya Loans Fundraising
  • $43,094,450
    Funds lent in using Kiva
  • 86.4
    Kenya Shillings (KES) = $1 USD
Expired
A loan of $1,000 helped Francis to buy another motorcycle for use in transportation of milk to the dairy shops.
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 20, 2013
Listed
Oct 8, 2013
Currency Exchange Loss:
Possible
Expired:
Nov 7, 2013