Funded

Total loan: $950
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David

Kenya
Naivasha, Kenya / Services

A loan of $950 helped to add float - electronic credits purchased for resale in a mobile money business.


David's story

David used his previous loan amount to buy fertilizer and pesticides. It was profitable, and he was able to pay off the loan amount.

Besides farming, he also works as an agent and offers money transfer services, where clients can send and withdraw money. He also sells phones and phone accessories.

This being his fourth loan, he plans to use the amount to add business float (electronic credits to sell) to his money transfer business(M-pesa). With the anticipated profits, he will buy more phones and phone accessories to sell.

David hopes to grow his money transfer business by opening more of them in different places.



Loan details

Loan length:

14 months
Disbursed date: September 6, 2012
Facilitated by Field Partner: VisionFund Kenya

Lenders and lending teams



Loan details

Loan length:

14 months
Disbursed date: September 6, 2012
Facilitated by Field Partner: VisionFund Kenya