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Samuel Muthiora
Samuel lives in Uthiru, Nairobi, where he has put up rental houses. Uthiru area houses a number of low income earners and thus Samuel's tenants live in houses made of iron sheets. He intends to construct better and more secure houses that will provide him with a good income. By renovating his current houses, he will make sure that his tenants are satisfied and comfortable.


Samuel is a 38-year-old single gentleman. He was introduced to KADET by his mother, who is a client but in a different group. He has never borrowed from any other financial institution; however, this will be his third loan from KADET.


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 Housing Loans

Many poor families cannot afford housing that meets their needs. When you make a housing loan on Kiva, you give people access to flexible capital to obtain or improve their homes. Better housing means better health, sanitation, and even educational outcomes for children. A house can also be much more for entrepreneurs who run businesses out of their homes. In this way, housing and small business loans on Kiva share a common purpose: to alleviate poverty and enable families to enjoy more stable lives.

About Kenya

  • $1,800
    Average annual income
  • 626
    View loans »
    Kenya Loans Fundraising
  • $39,836,925
    Funds lent in using Kiva
  • 76.2
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $1,050 helped Samuel Muthiora to renovate rental houses by installing steel doors, cementing the floor and the front yard.
100% repaid
Repayment Term
14 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Jul 9, 2009
Listed
Aug 7, 2009
Currency Exchange Loss:
Covered
Ended:
Aug 19, 2010