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Richard has a motorcycle business in Nakuru town and has been in the business for the past year. He is 34 years old, married to Rachael, and they have two children. Besides the motorcycle business, he has a timber yard and carpentry business from which he's been able to make additional income to support his family. This is his first loan. He plans to buy more stock of timber for sale and thereby grow his timber yard business. In the future, Richard hopes to buy a plot and build a house for his family and also to own a showroom for displaying and selling carpentry furniture.

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
  • 382
    View loans »
    Kenya Loans Fundraising
  • $50,260,575
    Funds lent in using Kiva
  • 84.0
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $250 helped Richard to buy more timber for sale.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Jun 8, 2012
Jul 7, 2012
Currency Exchange Loss:
Jan 16, 2013