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Fred, age 30, sells second-hand and ready-made clothing items to earn an income. He has been engaged in this business for the last 10 years and generates a monthly income of KES 10,000. He lives with his wife Jael and their two small children in the Migori region, which is located in the western part of Kenya. Jael runs her own business and helps Fred in providing support for the family. Their children are two and three years old.

Fred has applied for his third loan with KADET Ltd., and he will use his loan funds to purchase more second-hand and ready-made clothing items to offer for sale. He will use the anticipated profits to boost his business.

Fred's dream is to expand the business so that he can earn enough of an income to ensure the education of his children.

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
  • 368
    View loans »
    Kenya Loans Fundraising
  • $50,186,950
    Funds lent in using Kiva
  • 86.1
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $600 helped Fred to purchase clothes to offer for sale.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Jun 13, 2013
Jul 1, 2013
Currency Exchange Loss:
Aug 17, 2013