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Joseph
Joseph is 40 years old, male, and married. He has five (5) children: 15, 12,10, 7, and 5 years old respectively, whom he supports. He was introduced to KADET Ltd. by a Kadet officer. He has a retail shop. He has been in this business for ten years, which is located at Mtangani.

In his business, he earns a monthly income of KES 29,080. He is taking his fifth loan of KES 90,000, which he intends to use by adding stocks to his business by buying sugar, rice, maize flour, salt, fats, cooking oil, and tea leaves.

His previous loan of KES 80,000 was paid back successfully. Joseph will use the anticipated profit to expand his business by making it a wholesale shop. His hopes and dreams for his future business and family are to grow his business and educate his children.

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
  • 882
    View loans »
    Kenya Loans Fundraising
  • $41,162,700
    Funds lent in using Kiva
  • 86.4
    Kenya Shillings (KES) = $1 USD
Expired
A loan of $1,050 helped Joseph to purchase more stocks for his business, such as maize flour, sugar, rice, salt, fats, cooking oil, and tea leaves, to sell.
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Sep 26, 2013
Listed
Oct 11, 2013
Currency Exchange Loss:
Possible
Expired:
Nov 10, 2013