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Thomas
Thomas is 52 years old from Olkalou. He is married to Rachael, who assists him with farm work, and they are blessed with six children, ages 26, 24, 22, 20, 17 and 8 years old.

Thomas is a known farmer in his village, who grows crops, such as wheat, maize, beans, and potatoes for sale. He also plants trees for timber production, and at the same time keeps dairy cows for milk production. To increase milk supplies for maximum profits, Thomas has applied for his fourth loan of KES 50,000 from Kadet Ltd., which he intends to use in buying a dairy cow.

Right now, his monthly income from his business is KES 25,000, and his plan is to use the profits realized from his expanded business to pay his loan back to Kadet Ltd. and construct some rental houses on a plot he owns.

He hope for a brighter future for both his business and 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
  • 1023
    View loans »
    Kenya Loans Fundraising
  • $40,873,425
    Funds lent in using Kiva
  • 84.7
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Thomas to buy a dairy cow for production and sale of milk in the neighborhood.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Oct 10, 2013
Listed
Nov 2, 2013
Currency Exchange Loss:
Possible
Ended:
May 17, 2014