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George Kimondiu
George K. is married to Agnes Mueni and they have been blessed with three children who are all going to school.

George has been in the grocery business for the last ten years and, together with his wife, he also runs a tailoring shop and a bread distribution business. George's business is situated in Waruku, which is a highly populated area near Nairobi where he also supplies bread and milk to other small traders within the area. His current profit is about 20,000 Kenyan shillings ($250 U.S.) per month.

George had a need to find money to grow his business and was introduced to KADET by friends. This loan will be George's first one from KADET. He plans to use the money from this loan to to buy inventory for his grocery store. In future, he wants to expand his tailoring business, diversify into the transportation business, and be able to add more stock to his bread and milk distribution business.


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
  • 634
    View loans »
    Kenya Loans Fundraising
  • $39,149,000
    Funds lent in using Kiva
  • 76.8
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $400 helped George Kimondiu to buy inventory for his grocery store.
100% repaid
Repayment Term
8 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 17, 2009
Listed
Jul 22, 2009
Currency Exchange Loss:
Covered
Ended:
Feb 15, 2010