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Alphonce is a 50-year-old businessman who is married to Mary, a businesswoman. They are blessed with three children, two of whom are adults. He has been employed as a tutor at a college for the past 10 years with a monthly income of KES 7,500, which he uses to support his family.

Alphonce is applying for his first loan from KADET LTD, after being introduced by a KADET staff member. Alphonce will use the loan to build rental houses on his farm.

With the anticipated profit from the business, Alphonce will educate his children. His hope is to build as many rental houses as he can so he can improve his family's standard of living.

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
  • 549
    View loans »
    Kenya Loans Fundraising
  • $49,768,275
    Funds lent in using Kiva
  • 84.2
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $725 helped Alphonce to build rental houses on his farm.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jun 21, 2012
Jun 27, 2012
Currency Exchange Loss:
Jul 17, 2013