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Richard is 31 years old from Nakuru. He is married to Mary and they are blessed with two children aged 11 and 8 who are attending school.

Richard is in the transport business. He uses his bicycle to ferry his customers for a fee.

To enable him to buy two more bicycles for increased income, he has applied for his second loan of 16,500 KES from VisionFund Kenya. His monthly income right now is 10,000 KES and he hopes to use the anticipated profits from his expanded business to pay his loan to VisionFund, educate his children, and start a business for his spouse.

In the future, Richard hopes to buy a rickshaw.

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
  • 610
    View loans »
    Kenya Loans Fundraising
  • $44,775,100
    Funds lent in using Kiva
  • 85.5
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $200 helped Richard to buy two more bicycles for use in transportation of passengers for more income.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Jan 14, 2014
Jan 24, 2014
Currency Exchange Loss:
Aug 17, 2014