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Fredrick
Fredrick is 30 years old and he is from Nakuru. He is married to Erinah and they are blessed with two children, ages 8 and 6.

Fredrick has been running a blacksmith business for the last 10 years. To enable him to buy more raw materials such as scrap metal so he can make frying pans, cooking pots and chicken feeding troughs, Fredrick has applied for his third loan of KES 72,000 from VisionFund Kenya.

His monthly income right now is KES 50, 000 and he has plans of using the anticipated profits from his expanded business to educate his children and to pay back his loan to VisionFund Kenya.

In the future, Fredrick hopes to be the main distributor of frying pans, cooking pots and chicken feeding troughs in his 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
  • 867
    View loans »
    Kenya Loans Fundraising
  • $42,991,025
    Funds lent in using Kiva
  • 86.5
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $850 helped Fredrick to buy scrap metal for making frying pans, cooking pots and chicken feeding troughs.
100% repaid
Repayment Term
11 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Mar 21, 2014
Listed
Apr 4, 2014
Currency Exchange Loss:
Possible
Ended:
Jan 17, 2015