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Grace Kwamboka
Grace is forty-nine years old and married to Evans Ototo, who is fifty-five years old. They have five children, named Stella Nyambane - twenty-four years old, Monica Nyamusi - twenty-one years old, Juliet Kemunto -nineteen years old, Jackson Mambe - fifteen years old and Christine Gesale - nine years old.

The client has been in the quarry business for two and a half years. She was introduced to the Kiva field partner, KADET, by other existing clients, and she has no loans from other MFIs. She intends to use the loan to rent another site and hire more miners.

Grace's place of business is Njiru - an upcoming market center in a semi-slum area.

With the extra profit, she intends to pay school fees for her children. Grace works hard and her hopes and dreams are to see all her children go through school successfully.

ABOUT KADET LTD.

Kadet Ltd is a microfinance subsidiary of World Vision Kenya that was formed in 2000 to offer access to financial services to the rural communities through the microfinance model. Kadet is the only microfinance in Kenya with a strong rural presence and a genuine concern for the welfare of children and the communities we serve. As a member of the Association of Microfinance Institutions in Kenya, Kadet has continued to empower communities by providing access to easy-to-pay loans. Loan products available at the MFI are designed to offer solutions to challenges facing communities in these rural habitations. Obtain more information on Kadet from the press section of the website: www.kadet.co.ke

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
  • 424
    View loans »
    Kenya Loans Fundraising
  • $38,192,375
    Funds lent in using Kiva
  • 76.2
    Kenya Shillings (KES) = $1 USD

Success!! The loan was 100% repaid

A loan of $200 helped Grace Kwamboka to rent another site and hire more miners.
100% repaid
Repayment Term
9 months (Additional Information)
Repayment Schedule
Monthly
Pre-Disbursed:
Aug 28, 2009
Listed
Sep 5, 2009
Currency Exchange Loss:
Covered
Ended:
Mar 15, 2010