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Fredrick is 39 years old and is married. He runs a metal workshop (welding and fitting) business and has been in the business for 12 years now. His wife, who is a nursery school teacher, also provides income. They have been blessed with one child who is 4 years old.

He plans to use the loan to purchase more equipment, like bench and grinding machines. He plans to use the anticipated profits to buy a plot of land. This is his 2nd loan term and he paid his first loan successfully.

He hopes to expand his business and be able to sell ready made items, mostly machines like charcoal briquette-making machines.

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.

About Kenya

  • $1,800
    Average annual income
  • 796
    View loans »
    Kenya Loans Fundraising
  • $43,847,375
    Funds lent in using Kiva
  • 85.0
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $550 helped Fredrick to buy more equipment.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Oct 9, 2013
Nov 3, 2013
Currency Exchange Loss:
Nov 17, 2014