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Penina is the 40-year-old married mother of one son, aged 20 years. She has operated a carpentry workshop store in Kilifi for the last four years. Her business has been doing well.

Penina has been a KADET client and this marks her second loan to finance her business. She plans to use this loan to expand her business by purchasing more stock of timber for her workshop. Penina will use the anticipated profits to repay the loan and for her family’s upkeep. Penina’s dream is to become a successful businesswoman in Kilifi.

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
  • 571
    View loans »
    Kenya Loans Fundraising
  • $49,768,275
    Funds lent in using Kiva
  • 92.7
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $875 helped Penina to expand her business by purchasing more timber for her workshop.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jul 28, 2011
Aug 26, 2011
Currency Exchange Loss:
Aug 16, 2012