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Daniel
Daniel K. is 33 years old and married to Milka Muthoni. Together they have two school-aged children.

Daniel has been in the motorcycle taxi business now for two years. He was introduced to KADET by a friend of his and has so far taken three loans from the institution. He bought his first motorcycle with the first loan, used the second loan to repair and service the motorcycle, and now he wants to use the third loan to buy another motorcycle. The new motorcycle will allow him to grow his business and create employment for someone else; that person will rent the new motorcycle from him and operate it.

Daniel's ambition is to move from just owning motorcycle taxis to owning an automobile taxi service in future.


About KADET:
The Kenya Agency for the Development of Enterprise and Technology (KADET) is committed to economically empowering its clients by providing financial services to rural communities in order to relieve suffering and improve living conditions within those communities.

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
  • 451
    View loans »
    Kenya Loans Fundraising
  • $38,222,800
    Funds lent in using Kiva
  • 76.8
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,050 helped Daniel to buy another motorcycle for his business.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 7, 2009
Listed
Jul 18, 2009
Currency Exchange Loss:
Covered
Ended:
Jul 15, 2010