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Monicah
Monicah is 47 years old from Nyahururu. She is single and a mother of three children aged 27, 23 and 21 years old.

She owns a private school, a business she has been running for the last eleven years. To enable her to buy teaching materials like chalk, dusters and desks to be used by pupils who enroll in her school, she has applied for her fourth loan of KES 80,000 from KADET Ltd.

Her monthly income right now is KES 30,000 and her intention is to use the anticipated profits from her expanded business to pay back her loan to KADET Ltd and to further expand her business.

Her hopes for her business in the future, is to own the most prestigious school in her area.

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
  • 940
    View loans »
    Kenya Loans Fundraising
  • $41,060,325
    Funds lent in using Kiva
  • 86.8
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $925 helped Monicah to buy teaching materials like chalk, dusters and desks to be used by pupils who join her academy.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Nov 20, 2013
Listed
Dec 5, 2013
Currency Exchange Loss:
Possible
Ended:
Dec 17, 2014